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Innovation Management Methods Quiz

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Questions and Answers

Which type of innovation refers to constantly improving current products, services, processes or methods?

Incremental (correct)

Revolutionary

Disruptive

Breakthrough

What does a breakthrough innovation refer to?

A group of potential customers

Constantly improving current products, services, processes or methods

Ideas that radically change market behavior

Technological advancements that boost the level of a product or service (correct)

What do disruptive innovations do?

Constantly improve current products, services, processes or methods

Radically change market behavior (correct)

Boost the level of a product or service

Identify and satisfy human needs

What is a market?

<p>A set-up or a place or a point of interaction</p> Signup and view all the answers

What is a target market?

<p>A group of potential customers</p> Signup and view all the answers

Study Notes

Which type of innovation refers to constantly improving current products, services, processes or methods? What does a breakthrough innovation refer to? What do disruptive innovations do? What is a market? What is a target market?

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Description

Test your knowledge of innovation management methods with this quiz! Learn about incremental, breakthrough, and disruptive innovation and how they can help businesses thrive.