Which of the Following Scenarios Best Describes a Process Innovation

question 145

Multiple Choice

Which of the following scenarios best describes a process innovation?

• A) a firm launching a new car model with basic features and systems
• B) a restaurant where customers are allowed to order dishes after taking a sample
• C) a footwear manufacturer introducing a unique range of shoes
• D) a firm introducing a new software to protect computers from viruses
• E) a firm changing its line of business from manufacturing eyewear to producing watches

Recognize the importance of informed consent and ethical guidelines in the treatment of research subjects.

Understand the placebo effect and double-blind studies as methods to control for participant and researcher biases.

Understand the concepts of preventive and breakdown maintenance, including their distinctions and the contexts in which each is advantageous.

Grasp the significance of equipment and system reliability, including how redundant components influence system reliability.

---

Definitions:

Advertising Budget

The amount of money a company decides to allocate towards advertising its products or brand over a certain period.

Margin Of Safety

The difference between actual or projected sales and the break-even point, indicating the level of risk in a business.

Wire Strippers

A hand tool used to remove the insulation from electric wires to make connections or terminations.

Manufacturer

A business entity engaged in the production of goods through the processing of raw materials and components.