The Gradual Improvement and Refinement of Existing Products Over Time

question 108

Multiple Choice

The gradual improvement and refinement of existing products over time as existing technologies are perfected is known as _____.

• A) quantum process innovation
• B) quantum product innovation
• C) incremental product innovation
• D) incremental process innovation
• E) process reengineering

Know the definition and importance of value creation.

Understand the objectives and components of value chain management.

Recognize the importance of efficiency and continuous improvement in the supply chain and value chain management.

Grasp the concepts of continuous improvement and quality control measures, including Six Sigma and ISO certification.

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Definitions:

Convergent Thinking

A cognitive process where an individual focuses on finding a single, correct solution to a problem.

Decisive

Showing the ability to make decisions quickly and effectively.

Alfred Binet

A French psychologist who, along with his colleague Théodore Simon, developed the first standardized test to measure intelligence.

Intelligence Test

A psychological assessment tool designed to measure cognitive abilities, IQ, and problem-solving skills.