Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.

Name: Innovation is the ability of the production process to make different kinds of products and to adjust the volume of output.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

Innovation refers to the introduction of new ideas, methods or products, while the ability of the production process to make different kinds of products and to adjust the volume of output is commonly known as flexibility.

Innovation Is the Ability of the Production Process to Make