_____ Refers to Innovations in Products, Services, or Processes That

question 127

Multiple Choice

_____ refers to innovations in products, services, or processes that radically change an industry's rules of the game for producers and consumers.

• A) Restructuring innovation
• B) Trickle up innovation
• C) Productive innovation
• D) Disruptive innovation
• E) Reverse innovation

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Definitions:

Acceptance Sampling

Acceptance Sampling is a statistical quality control method used to determine if a batch of goods meets predefined criteria, accepting or rejecting the batch based on sample testing.

Predetermined Standards

Benchmarks or criteria set in advance against which performance, quality, or other variables can be measured.

Operating Characteristic Curve

A graphical representation of a system's performance, showing the relationship between the acceptance level of a test and the true quality level.

Acceptance Sampling Plan

A statistical quality control method that determines whether to accept or reject a batch of products based on a sample, rather than testing the whole lot.