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The Innovation Strategy for Changing Products and Technologies That Involves

question 24

True/False

The innovation strategy for changing products and technologies that involves designing the organization to encourage creativity and the initiation of new ideas is known as exploration.


Definitions:

Nissan-Renault

A strategic alliance between the Japanese automotive manufacturer Nissan and the French company Renault, aimed at leveraging each other's strengths in the global market.

Carlos Ghosn

A prominent business executive known for his leadership roles at Nissan and Renault, where he significantly turned around the companies' fortunes.

Global Mindset

a way of thinking that enables individuals to understand and appreciate diverse cultures and viewpoints, fostering effective communication and business practices across global boundaries.

Unexpected Trends

Patterns or changes that occur in data or behavior that were not anticipated or predicted.

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