Firms That Generate New-Product Ideas by Gathering Both External and Internal

question 143

Multiple Choice

Firms that generate new-product ideas by gathering both external and internal ideas are using

• A)pivoting.
• B)diffusion.
• C)positioning.
• D)disruptive technology.
• E)open innovation.

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Definitions:

Automated Storage and Retrieval System

A technology-based system comprising software and mechanical components designed to precisely store and retrieve materials, increasing warehouse efficiency and accuracy.

Load-distance Problem

A logistic problem that seeks to minimize the distance that loads must be moved in a facility layout.

Process-oriented Layout

An arrangement of resources in a production or service area designed to streamline operations by grouping similar processes together.