Intel's invention of the microprocessor in the early 1970s, Cisco's development of the router for routing data over the Internet in the mid-1980s, and Apple's development of the iPod, iPhone, and iPad in the 2000s can be referred to as which type of innovation?
A) Process
B) Product
C) Customer
D) Resource
E) Value-chain

Question

Quizplus · Accepted Answer

These are all examples of product innovation, where companies create new or significantly improved products that provide value to customers.

Intel's Invention of the Microprocessor in the Early 1970s, Cisco's