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 _____ innovations.
A) process
B) product
C) customer
D) sector
E) absorptive

Question

Quizplus · Accepted Answer

Product innovations refer to the creation of new or improved products or services that are introduced to the market. The examples given - the microprocessor, router, iPod, iPhone, and iPad - are all examples of new products that were introduced and had significant impacts on their respective industries.

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