A bicycle manufacturing company adopted a new type of inventory management system.This inventory system improved the productivity of its manufacturing unit and the quality of its bicycles.This is an example of _____ innovation.
A) virtual
B) regressive
C) archaic
D) process

Question

Quizplus · Accepted Answer

The adoption of the new inventory management system is a process innovation, as it improved the manufacturing process and therefore the quality of the final product. Virtual innovation relates to digital technology, regressive innovation is the opposite of progress and development, and archaic innovation refers to outdated, old-fashioned methods.

A Bicycle Manufacturing Company Adopted a New Type of Inventory