Innovation in business

Which of the following types of innovation focuses on improvements and design changes in existing products?

• Incremental innovation

• Disruptive innovation

• Architectural innovation

• Radical innovation

What type of innovation seeks to introduce new ideas that alter the existing market?

• Incremental innovation

• Architectural innovation

• Disruptive innovation

• Radical innovation

What is an example of architectural innovation according to the text?

• The production of digital music

• Dyson's entry into the hair dryer market

• The creation of smartphones

• The invention of television

What type of innovation refers to the creation of a completely new idea for a market that does not yet exist?

• Incremental innovation

• Radical innovation

• Architectural innovation

• Disruptive innovation

What is the first stage of the innovation process?

• Support

• Evaluation

• Idea Generation

• Implementation

In the support stage, what needs to be verified?

• If the idea can be implemented

• If support can be obtained

• If the idea is innovative

• If the idea can be evaluated

What should be done in the third stage of the innovation process?

• Implement the idea

• Generate ideas

• Evaluate the idea

• Experiment and test the idea

What is the fourth step in the innovation process?

• Support

• Evaluation

• Implementation

• Idea generation

What type of innovation could lead to the disappearance of music CDs?

• Radical innovation

• Disruptive innovation

• Incremental innovation

• Architectural innovation

What needs to be done in the last stage of the innovation process?

• Obtain support

• Implement the idea

• Evaluate the idea

• Generate ideas