The process of turning ideas into products/methods that can increase profits is called __________.*
A) virtual processing
B) organizational development
C) business model innovation
D) transformational change

Question

Quizplus · Accepted Answer

Business model innovation involves taking new and creative approaches to how a company creates, delivers, and captures value. This process can involve turning ideas into new products or methods that can increase profits. Virtual processing and organizational development are not directly related to this process, and transformational change refers to a broader organizational change effort.

The Process of Turning Ideas into Products/methods That Can Increase