Which of the Following Most Accurately Describes a Difference Between

question 69

Multiple Choice

Which of the following most accurately describes a difference between incremental innovation and radical innovation?

• A) Incremental innovation researches new materials; radical innovation researches new processes.
• B) Incremental innovation targets new markets and technologies; radical innovation reinvents markets and technologies.
• C) Incremental innovation builds on an established knowledge base; radical innovation uses an entirely different knowledge base.
• D) Incremental innovation draws on novel methods; radical innovation draws on proven methods.

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Definitions:

Competitive Market

A market structure characterized by many buyers and sellers where no single entity can significantly influence prices or market outcomes.

Unions

Organizations formed by workers to protect their rights and interests, typically through collective bargaining with employers.

United States

A country located in North America, consisting of 50 states, a federal district, and several territories.