Which of the Following Statements Is True Regarding an Incremental

question 72

Multiple Choice

Which of the following statements is true regarding an incremental innovation?

• A) An incremental innovation results due to a fundamental shift in technology that revolutionizes products or the way in which they are produced.
• B) As compared to quantum innovations, incremental innovations are more likely to cause major changes in an environment.
• C) Total quality management (TQM) is an example of an incremental innovation.
• D) According to Philip Anderson and Michael Tushman, technological discontinuities result due to incremental innovation.

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Definitions:

Federal Reserve Banks

The regional banks of the Federal Reserve System, serving as the central banking system of the United States.

Federal Reserve Districts

Regions in which the Federal Reserve operates, each with its own Reserve Bank to carry out financial services and enforce monetary policy.

Federal Reserve System

The central banking system of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services.

FDIC

The Federal Deposit Insurance Corporation, an independent agency of the United States government that insures deposits at banks and thrift institutions.