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Differentiate Between Incremental Innovation and Pure Innovation

question 95

Essay

Differentiate between incremental innovation and pure innovation.


Definitions:

Bundling

The practice of offering multiple goods for sale as one combined product.

Metering Scheme

A pricing strategy used by firms to charge customers based on their actual usage of a service or product.

Indirect Discrimination

Discrimination that occurs when a seemingly neutral provision, criterion or practice puts individuals at a particular disadvantage compared to others, often unintentionally.

Core Technology

The primary technology that is central to a company's products or services, often determining its competitive advantage.

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