(p. 25) Most innovations introduced on the market:

DEFINITION OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	are ordinary.
B	are unique.
C	employ significant levels of technology.
D	are breakthrough innovations.

Explanation:

Detailed explanation-1: -Incremental Innovation is the most common form of innovation. It utilizes your existing technology and increases value to the customer (features, design changes, etc.) within your existing market. Almost all companies engage in incremental innovation in one form or another.

Detailed explanation-2: -Sustaining, or incremental innovation. Breakthrough innovation. Disruptive innovation. Basic research. 07-Nov-2022

Detailed explanation-3: -Radical innovation. It brings drastic changes to the brand, its market, or business growth. Incremental innovation. It doesn’t bring significant changes to a product. Disruptive innovation. It emerges as a response to behavioral and technical changes. 22-Mar-2023

Detailed explanation-4: -Incremental innovation. Adjacent innovation. Disruptive innovation. Radical innovation.

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP