Six Technologies or Technological Innovations Are Listed Below

question 35

Multiple Choice

Six technologies or technological innovations are listed below.Match each with its corresponding type of innovation.Some types of innovations may be used more than once.
-​Lou's company designs a computer chip that is 15% faster and 5% smaller than the leading model.

• A)incremental innovation​
• B)​systems innovation
• C)​radical innovation

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Definitions:

Financially Better

A general term referring to an improved financial condition or status of an individual, company, or economy.

Constrained Resource

A limited resource that restricts a company's ability to produce goods, offer services, or achieve its objectives.

Contribution Margin

The difference between the sales revenue and variable costs of a product, showing how much revenue contributes towards covering fixed costs and generating profit.

Avoidable Costs

Expenses that can be eliminated if a particular decision is made or if an activity is ceased.