Large telecommunications companies have an incentive to improve existing lines of products and services to better serve their customers, rather than invent new products. This best demonstrates what aspect of innovation in business?
A) Research and development departments in large companies fuel innovation.
B) Compared to larger companies, small businesses are not financially equipped to innovate.
C) Real innovation tends to come from independent inventors and small businesses.
D) Large companies are too inflexible to handle real innovation.

Question

Quizplus · Accepted Answer

Large telecommunications companies often focus on improving existing products due to their established customer base and infrastructure, while real innovation often comes from independent inventors and small businesses that are more agile and willing to take risks.

Large Telecommunications Companies Have an Incentive to Improve Existing Lines