Which of the following is an example of a product innovation?
A) A firm launching a new flavor to its existing range of candies
B) A firm allowing customers to mail the desired designs of goods
C) A firm introducing a new online shopping model
D) A firm introducing new technology to ease the installation process
E) A firm changing its line of business from manufacturing automobiles to producing music

Question

Quizplus · Accepted Answer

Launching a new flavor to an existing range of candies is an example of product innovation because it involves introducing a new or significantly improved good or service.

Which of the Following Is an Example of a Product