Which of These Types of New Product Innovations Is Least

question 2

Multiple Choice

Which of these types of new product innovations is least common?:

• A)New to the world
• B)New product lines
• C)Extensions to existing product lines
• D)Cost reductions

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Definitions:

Board Of Directors

A group of elected individuals representing shareholders, responsible for overseeing the activities and governance of a company.

Evaluating Performance

The process of assessing the efficiency and effectiveness of actions or operations, typically in a business or organizational context.

Public Ownership

The possession of assets, companies, or land by governmental entities rather than private individuals or organizations.

Government Unit

An organizational entity of the government responsible for specific administrative functions at local, state, or national levels.