Most of 3M's Innovations Are Radical (I

question 146

True/False

Most of 3M's innovations are radical (i.e., significant breakthroughs) rather than incremental (i.e., building on existing knowledge bases and providing small improvements in current product lines) (Chapter 13 Strategic Focus).

---

Definitions:

Compromise Bargaining

A negotiation strategy where two parties in conflict concede on certain points to reach an agreement that is acceptable to both.

Distributive Bargaining

A strategy that involves two parties trying to claim a “fixed pie” of resources.

Competitive Bargaining

Competitive bargaining is a negotiation strategy where parties vie for the most advantageous position, often viewing the situation as a zero-sum game where one's gain is another's loss.

Neutral Third Party

An impartial entity or individual with no stake in the outcome, involved to mediate, arbitrate, or provide an unbiased perspective in a conflict or negotiation.