Which of the Following Statements Is True with Regard to Types

question 96

Multiple Choice

Which of the following statements is true with regard to types of innovation?

• A)Firms can choose between sustaining and incremental innovations.
• B)Sustaining innovations are targeted toward an existing market.
• C)Incremental innovations are targeted toward future markets.
• D)Produce designers cannot easily move from one to the other type of innovation.

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Definitions:

Wage Rise

An increase in the rate of pay employees receive for their work, often as a result of negotiation, economic conditions, or to match inflation rates.

Compensated Absences

A provision for employees’ paid time off, including leave for vacations, illnesses, and personal reasons.

Short-Term

Refers to a time horizon or a period within twelve months or within an entity's operating cycle if it's longer.

Accumulating

The process of gathering or increasing an amount of something over time, often referring to interest, benefits, or assets.