The Following Can Increase the Profits of an Innovating Firm

question 131

Multiple Choice

The following can increase the profits of an innovating firm, except

• A)new product introductions.
• B)existing product improvements.
• C)imitation of its innovation by other firms.
• D)successful process innovations.

---

Definitions:

Exchange Rates

The value of one currency for the purpose of conversion to another.

Currency Exchange

The process of converting one currency into another, commonly associated with international trade and travel.

Transactions

The act of conducting business, especially buying or selling goods, services, or assets.

Strengthens

To make or become stronger, more forceful, or more effective.