Of the Three Basic Categories into Which Most New Concepts

question 22

Multiple Choice

Of the three basic categories into which most new concepts fall, which of the following types provides a product which currently exists in the market, but offers greater value?

• A) Type A
• B) Type B
• C) Type C
• D) Type D

---

Definitions:

Duplication

The act of copying or replicating something, which can result in unnecessary redundancy or repetition.

Core Processes

Core processes are the critical operations or activities within an organization that directly contribute to its ability to create value and achieve its main objectives.

Workflows

The sequence of processes through which a piece of work passes from initiation to completion in a business environment.

Strategic Objectives

Specific, measurable goals that organizations set to guide their strategic plans and actions toward achieving their broader missions and visions.