Apple's ITunes Is an Example of What Type of Innovation

question 56

Multiple Choice

Apple's iTunes is an example of what type of innovation?

• A) continuous
• B) service
• C) breakthrough
• D) product
• E) accidental

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Definitions:

Minimum Wage

The lowest legal wage that employers can pay workers, aimed at protecting workers from unduly low pay.

Chain Restaurant

A set of restaurants owned and operated by the same company, offering a consistent menu and experience across multiple locations.

Mom-and-Pop Restaurant

A small, usually independently owned and operated restaurant with a limited workforce and often characterized by local or familial ownership.

Pure Monopolist

A market condition where a single firm has exclusive control over the supply of a product or service, and no close substitutes exist.