Incremental Innovation Means That

question 2

Multiple Choice

Incremental innovation means that:

• A) A start-up company grows slowly.
• B) Improvements are made on existing products and services.
• C) Innovation is only applied to the way that things are made.
• D) It is the safest strategy for a start-up to follow.

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Definitions:

Flexible Manufacturing

An approach to production that allows for a range of products to be efficiently produced in varying volumes, adapting to market demands with flexibility in operations.

Production Managers

Individuals responsible for overseeing and managing the manufacturing process within an organization, ensuring efficient production and quality control.