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The Gradual Improvement and Refinement of Existing Products Over Time

question 72

True/False

The gradual improvement and refinement of existing products over time as existing technologies are perfected are called incremental product innovations.


Definitions:

Inspirational Leadership

Leadership that motivates and energizes followers through a shared vision and enthusiasm.

Intellectual Stimulation

The process of encouraging creativity and innovation by challenging existing ideas and encouraging new perspectives.

Leader-member Exchange Theory

A leadership concept that explores the relationship dynamics between supervisors and subordinates, focusing on the mutual exchange of benefits.

In-group Members

Individuals who belong to a particular group and share a sense of identity or common goals with other members.

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