WORLD HISTORY

HISTORY

THE INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Developing new ideas or adapting existing ideas to solve problems; a better version of a product or a process that already exists
A
population density
B
tenement
C
textile
D
innovation
Explanation: 

Detailed explanation-1: -Innovation strategies can be classed as proactive, active, reactive and passive (Dodgson et al. 2008).

Detailed explanation-2: -Innovation, for its part, can refer to something new or to a change made to an existing product, idea, or field.

Detailed explanation-3: -Incremental innovation Incremental innovations are just a little better than the previous version of the product or service and has only slight variations on an existing product formulation or service delivery method.

Detailed explanation-4: -Brainstorm ideas based on customer research and competitor research. Develop concepts that satisfy customer needs. Validate concepts via testing. Use customer segmentation to assess the market and determine which of your concepts will be most profitable. More items •01-Dec-2021

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