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:

Good Fit

A term used to describe how well something matches or suits a particular purpose, situation, or set of requirements.

Organization

A group of people with a particular purpose, such as a business or government department, structured to achieve collective goals.

Background Check

The process of looking up and compiling criminal records, commercial records, and financial records of an individual or an organization.

AIDA Format

A marketing model that outlines the process for achieving successful advertising or sales, standing for Attention, Interest, Desire, and Action.