_____________ Is a Type of Innovation That Introduces a New

question 54

Multiple Choice

_____________ is a type of innovation that introduces a new way of doing things.

• A)Product innovation
• B)Process innovation
• C)Profit innovation
• D)Performance innovation

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Definitions:

Minority

A smaller part of a group differing from the majority in ethnic, religious, political, or other characteristics.

Expensive Jewellery

High-value adornments made from precious materials and stones, often considered luxury items.

Mediation

Process of intergroup conflict resolution where a neutral third party intervenes in the negotiation process to facilitate a settlement.

Arbitration

A method of dispute resolution where an impartial third party makes a decision to resolve a dispute.