Which of the Following Statements Is True of Operational Innovations

question 30

Multiple Choice

Which of the following statements is True of operational innovations?

• A) They are less difficult to implement than product innovations.
• B) They have to be implemented before anyone can really see how they are going to work.
• C) They are regarded by most companies as the most important source of competitive advantage.
• D) They are overvalued by the current business culture.

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Definitions:

Approximate Percentage

Approximate percentage is an estimated value expressed as a fraction of 100, used when exact numbers are not known or necessary.

Culture-Changing Products

are innovations or goods that significantly alter the behaviors, values, or norms of a society or cultural group.

Generation X

The demographic cohort following the baby boomers and preceding the Millennials, typically defined as being born from the early-to-mid 1960s to early 1980s.

Baby Boomers

Individuals born during the post-World War II baby boom between 1946 and 1964, known for significant social and economic impacts.