Innovations That Extend Sales in an Existing Market,usually by Enabling

question 33

Multiple Choice

Innovations that extend sales in an existing market,usually by enabling new products or services to be sold at higher margins,are known as ________ innovations.

• A) radical
• B) disruptive
• C) technology
• D) sustaining

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Definitions:

Distributive Fairness

The perceived fairness of outcomes distributed within an organization, including resources, rewards, and responsibilities.

Social Loafing

A phenomenon where individuals exert less effort when working in a group than when working alone.

Collectivism

A cultural value that prioritizes group goals over individual goals and fosters strong ties among group members.

Individualism

A societal theory that champions the cause of individual liberties against the imposition of collective or state authority.