Which of the Following Is True About Quantum Product Innovations

question 92

Multiple Choice

Which of the following is true about quantum product innovations?

• A) Quantum product innovations are always more important than incremental product innovations.
• B) Quantum product innovations involve improvement and refinement of existing products.
• C) Quantum product innovations are rarer than incremental product innovations.
• D) Quantum product innovations are more frequent than incremental product innovations.
• E) Quantum product innovations result largely from ongoing technological advances.

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Definitions:

Estimates

Approximations or educated guesses used in planning and decision-making, especially in budgeting and forecasting.

Safety Margin

The difference between the actual performance of a business and the break-even point, indicating the buffer or cushion against drop in performance.

Product Mix

The Product Mix refers to the total variety of products and services offered by a company to its customers.

Variable Cost

Costs that change in proportion to the level of production or activity, such as raw materials and direct labor.