________ Produce Fundamental Changes That Can Transform a Company or Even

question 53

Multiple Choice

________ produce fundamental changes that can transform a company or even revolutionize an industry,while ________ enhance existing practices and often represent evolutionary applications of fundamental breakthroughs.

• A) Technological breakthroughs; product-market breakthroughs
• B) New technologies; new paradigms
• C) Incremental innovations; radical innovations
• D) Radical innovations; incremental innovations

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Definitions:

Ethical Entrepreneurship

The pursuit of innovative business practices that prioritize ethical considerations, sustainability, and positive social impact.

Management Function

Activities performed by managers to plan, organize, lead, and control an organization's resources to achieve its goals.

Retail Store Chain

A series of retail outlets owned by the same company, offering the same or similar merchandise.

CEO

Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making overarching decisions and setting strategic direction.