There Are Two Types of Business Innovation

question 14

Multiple Choice

There are two types of business innovation:

• A) technological and industry.
• B) industry and sustaining.
• C) technological and environmental.
• D) sustaining and disruptive.

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Definitions:

Watchdog Organizations

Groups that monitor and report on activities within specific industries, government entities, or corporations to ensure accountability and integrity.

Principal Mechanisms

Fundamental processes or systems that drive actions or outcomes within a particular context or field.

Financial Ratio

A measurement that evaluates the performance, liquidity, or financial health of a company by comparing two pieces of financial data.

Performance Assessment

The process of evaluating the efficiency, effectiveness, and quality of an individual's or organization's work.