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Questions and Answers
What may lead to innovation as a result of customer pain points?
What may lead to innovation as a result of customer pain points?
- Unexpected trends in the marketplace
- Demographic changes
- Structural changes in the industry or market
- Delays in the process or complexity of operations or delivery channels (correct)
Which factor can lead to innovation due to changes in demand for a product or service?
Which factor can lead to innovation due to changes in demand for a product or service?
- Process needs
- Incongruity
- Perception
- Structural changes in the industry or market (correct)
What may lead to innovation as a result of demographic changes?
What may lead to innovation as a result of demographic changes?
- Process needs
- More youthful and vibrant population or elderly and retirees (correct)
- New knowledge
- Incongruity
What may lead to innovation as a result of a certain perception about a product or service?
What may lead to innovation as a result of a certain perception about a product or service?
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What may lead to innovation as a result of sudden production or discovery of new technology?
What may lead to innovation as a result of sudden production or discovery of new technology?
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What is a characteristic of process innovation?
What is a characteristic of process innovation?
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What is a potential outcome of process innovation?
What is a potential outcome of process innovation?
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Which sector can benefit from process innovation?
Which sector can benefit from process innovation?
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What does process innovation aim to achieve?
What does process innovation aim to achieve?
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What is an example of process innovation?
What is an example of process innovation?
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