Home › MBA Entrepreneurship › Entrepreneurship › Innovation Management › Another firm adds two features to a product alre…
Another firm adds two features to a product already on its shelves. That change is an:
AIncremental innovation
BIndustrial franchise
CAbsolute invention
DAggressive takeover
Answer & Solution
Correct answer: A. Incremental innovation
1. The product already existed.
2. Only a modification was made.
3. It is an incremental innovation.
_Source: OpenStax Entrepreneurship, Chapter 4, Creativity, Innovation, and Invention._
Related questions
A professor tells her class that the study and practice of creativity and design thinking A firm practising open innovation should expect, and even encourage, wide circulation of iA manager notes that open innovation sounds fine in principle but raises problems in practThe formal process for a utility patent is mapped out as a flow chart with how many steps?A founder follows a plan for taking an invention from idea to manufacture. That plan sets A team gathers to throw out as many raw ideas as possible without judging them yet. That fIn the same comparison, a design patent usually lasts:An inventor asks how long a utility patent runs. The usual answer is: