When Firms Innovate by Leveraging Existing Technologies into New Markets

question 86

Multiple Choice

When firms innovate by leveraging existing technologies into new markets, they are said to be involved in

• A) incremental innovations.
• B) radical innovations.
• C) architectural innovations.
• D) disruptive innovations.

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Definitions:

Acknowledgement Skills

The capacity to recognize and validate the feelings, thoughts, or contributions of others.

Good Leadership

Leadership characterized by strong ethical standards, empathy, motivation, and the ability to foster teamwork and innovation.

Self-Managed Teams

Groups of employees who are given the autonomy to plan, execute, and manage their own work and tasks without traditional managerial supervision.

Clearly Defined Product

A product or service with explicit specifications, features, and benefits, making its purpose and use straightforward to consumers.