The Innovation Strategy for Changing Products and Technologies That Involves

question 78

Multiple Choice

The innovation strategy for changing products and technologies that involves creating conditions and systems to facilitate internal and external coordination and knowledge sharing is known as _____.

• A) exploration
• B) cooperation
• C) entrepreneurship
• D) idea incubator
• E) horizontal linkage

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Definitions:

Smart Cards

Plastic cards embedded with a microprocessor chip, which can store and process data, used for various applications like credit cards and identity verification.

Stored-Value Cards

Prepaid payment cards where a monetary value is stored on the card itself, not in an external account.

Microchips

Small semiconductor devices that contain integrated circuits, used in a variety of electronic equipments and devices.

Forgery

The illegal creation or alteration of a document with the intent to deceive.