Keniey, a company that manufactures and supplies home appliances, launches a fully automatic advanced food processor that performs the functions of slicing, chopping, grinding, shredding, grating, pureeing, kneading, mixing, and blending. The product is priced lower than semi-automatic food processors sold by other brands. In the context of innovation streams, which of the following concepts does this scenario best illustrate?

Question

Quizplus · Accepted Answer

This scenario best illustrates incremental change, which involves making smaller improvements or modifications to an existing product or service. The company has introduced a fully automatic food processor that performs multiple functions at a lower price than semi-automatic processors sold by other brands. This is an example of incremental change because the company is building on existing technology and making incremental improvements rather than introducing a completely new product or technology.

Keniey, a Company That Manufactures and Supplies Home Appliances, Launches