ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

TYPES OF INNOVATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an innovation resulting from the creation of new channels?
A
Service
B
Chanel
C
Brand
D
Customer Engagement
Explanation: 

Detailed explanation-1: -Channel innovations can also result as a byproduct of other innovations. For instance, the invention of the automobile transformed the logistics, delivery, and fulfillment aspects of many industries, especially perishable foods like milk and ice.

Detailed explanation-2: -Channel innovations encompass all the ways that you connect your company’s offerings with your customers and users.

Detailed explanation-3: -Marketing Channels: An Evolutionary Overview. Innovation in marketing channels is a theme that has been treated in reference. to specific areas of innovation or to single categories of subjects within channels. Fewer studies have been conducted with a perspective referring to the channel as. a whole.

Detailed explanation-4: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022

There is 1 question to complete.