What term describes the introduction of a new product, service, or business model that fundamentally changes the way an industry operates?  A. Incremental innovation  B. Disruptive innovation  C. Radical innovation  D. Sustaining innovation

Which best describes the process of disruptive innovation?A.Creating new products or services that are better, faster, or cheaper than existing onesB.Developing new technologies or business models that challenge the status quo and create new valueC.Improving existing products or services by adding new features or functionalitiesD.Adopting new technologies or business models that enhance the customer experience and satisfactionE.Innovating new ways of doing things that are more sustainable and ethical

A product, service, system or technology which is brand new to the industry, country or the world is termed a(n):Question 1Answera.novel innovationb.radical innovationc.internet-based innovationd.moderate innovatione.incremental innovation

In the context of innovation, what does "Disruptive Innovation" refer to?OPTIONS Incremental changes and improvements to existing products. Completely replacing old products with new ones. Radical innovations that create new markets and value networks. Innovations that have no impact on the market.

What is innovation? OPTIONS The process of creating new products, services, or processes The process of improving existing products, services, or processes Both A and B None of the above ####

According to Innolytics.net, innovation is about renewing and updating a domain, product, or service using new processes and techniques.Group of answer choicesTrueFalse