Managers ask if they can retain existing customers and improve targeted coverage of existing and similar new customers,without innovation.Which of the following points about managing risk relates to this question?
A) Get the most out of minimum innovation
B) The point of innovation is growth
C) Incremental product innovations can be particularly good at locking in existing customers
D) Incremental innovations can generate more revenue gain or cost savings with less risk than radical ones
Correct Answer:
Verified
Q19: _ are inherently more risky than _.
A)
Q20: _ is the initial commercialization of invention
Q21: _ is money provided to a business
Q22: While _ may underperform established products in
Q23: The entrepreneur or team must possess the
Q25: Incremental business process innovations can:
A) Generate less
Q26: _ is an idea factor involving following
Q27: _ is an idea factor involving traditional
Q28: Because certain ideal strengths rarely coexist in
Q29: _ usually take pride in overseeing the
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