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How does accepting a credit card payment for services rendered affect the financial statements?(Assume the credit card company charges a fee for handling a credit card transaction.)
Exploratory Innovation
Risk taking, radical thinking, and experimentation.
Exploitative Innovation
The enhancement and reuse of existing products and processes.
Idea Generation
The approach of crafting, refining, and broadcasting original concepts or solutions.
Innovation Process
the sequence of activities by which a new idea is generated, developed, and brought to the market.
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