Which of the Following Involves Making Slight Modifications to Existing

question 244

Multiple Choice

Which of the following involves making slight modifications to existing products in an effort to distinguish a product from the competition?

• A) dynamically continuous innovation
• B) discontinuous innovation
• C) continuous innovation
• D) disconnected innovation

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Definitions:

Tariff

A tax imposed on imported goods, often used to protect domestic industries from foreign competition and to raise government revenue.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public expenses.

Import Quota

A government-imposed limit on the quantity of a specific good that can be imported into a country.

Honda Automobiles

A reference to the range of vehicles manufactured by the Honda Motor Company, a multinational automotive manufacturer.