Which of the Following Best Exemplifies Innovation

question 21

Multiple Choice

Which of the following best exemplifies innovation?

• A)ABC Inc.cut the prices of its products by 10 percent
• B)ABC Inc.entered the Chinese market
• C)ABC Inc.offered a "me-to" product similar to that of a competitor
• D)ABC Inc.developed a new business model by going directly to customers Developed a new business
• E)ABC Inc.cut its cost by 10 percent

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Definitions:

Amygdala

A brain structure that is part of the limbic system and plays a role in emotion, especially fear and anger.

Prefrontal Cortex

The part of the brain located in the front of the frontal lobe, involved in complex cognitive behavior, decision making, and moderating social behaviour.

Emotionally Arousing

Describes situations, events, or stimuli that provoke strong emotional responses, ranging from excitement and joy to fear and anger.

Prefrontal Cortex

A region of the brain associated with decision making, social behavior, personality, and cognitive planning.