Systematic evolution of a product or service into newer or larger markets is referred to as radical innovation.

Name: Systematic evolution of a product or service into newer or larger markets is referred to as radical innovation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Radical innovation refers to the introduction of a fundamentally new product or service with significant changes and improvements, often creating new industries or reshaping existing ones, rather than the systematic evolution into newer or larger markets.

Systematic Evolution of a Product or Service into Newer or Larger