Which of the following forms of innovation focuses on better ways of doing things?
A) Product innovation
B) Process innovation
C) Business model innovation
D) Social business innovation
E) Paradigm innovation

Question

Quizplus · Accepted Answer

Process innovation focuses on improving the methods and processes used to create and deliver products or services, resulting in improved efficiency and effectiveness. Product innovation, on the other hand, focuses on developing new or improved products. Business model innovation is about creating a new way of doing business, while social business innovation involves using business principles to address social or environmental issues. Paradigm innovation is about fundamentally changing the way we think about or approach a problem or industry.

Which of the Following Forms of Innovation Focuses on Better