When New-To-The-World Products Are Better,faster Versions of Existing Products That

question 37

Multiple Choice

When new-to-the-world products are better,faster versions of existing products that target,for the most part,existing customers,it is said that these products are ___________.

• A)Neo innovations
• B)Subtle innovations
• C)Left-handed innovations
• D)Sustaining innovations
• E)None of these

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Definitions:

Unnecessary Duplication

Redundant processes or activities that do not add value, leading to inefficiency and wasted resources.

Refusal To Accept Shipments

The act of rejecting delivery of goods or products, typically due to issues related to quality, accuracy, or terms of a contract.

Buyer-supplier Satisfaction Matrix

A tool used to evaluate and improve the relationship between buyers and suppliers by mapping out satisfaction levels of both parties.

Strategic Supply Management

The process of planning, implementing, and controlling the operations of the supply chain in a strategic manner to achieve competitive advantage.