Which type of innovation is most concerned with improving the speed or performance of existing products?*1 pointService InnovationNetwork InnovationProduct Performance InnovationBrand Innovation

Innovation involves only the creation of new products, not the improvement of existing ones.Group of answer choicesTrueFalse

Which of the following features is characteristic of product innovation?  A. Streamlining internal processes  B. Enhancing customer experiences  C. Developing new organizational programs  D. Optimizing service delivery

Which type of innovation is most likely to create entirely new markets andbusiness models?*1 pointIncremental InnovationArchitectural InnovationDisruptive InnovationRadical Innovation

Which metric demonstrates how an innovation has streamlinedprocesses or reduced costs within an organization?*1 pointSocial ImpactMarket ShareImprovements in EfficiencyEmployee Engagement

Which of the following should an organization do in order to obtain a competitive advantage through superior innovation?Multiple Choiceset up a strong team to handle after-purchase supportproduce products with technologies that have not been used previouslydecrease the number of product attributes and lower the price of its productsreduce the number of components that go into its productsprovide high-quality products to create a brand-name reputation for its products