Define the Four Types of Innovation

question 5

Essay

Define the four types of innovation. Give an example of each.

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Definitions:

Weigh Advantages

To weigh advantages means to evaluate the positive aspects or benefits of different options or actions to make an informed decision.

Cross-Marketing

A strategy where two or more companies or brands collaborate to promote each other's products or services to their respective customer bases.

Realism

An artistic and literary movement or style that seeks to depict subjects as they are actually experienced, without idealization.

Differentiate

To recognize or ascertain what makes someone or something different.