_____________ is a type of innovation which introduces new goods or services.
A)Product innovation
B)Process innovation
C)Product creativity
D)Process creativity

Question

Quizplus · Accepted Answer

Product innovation is the type of innovation that introduces new goods or services to the market. This could include the development of new products, the introduction of new features or functionalities, or the creation of entirely new categories of goods or services. Process innovation, on the other hand, focuses on improving the efficiency, effectiveness, or quality of existing processes within a company or organization. Product creativity and process creativity are not types of innovation, but rather refer to the ability to generate novel ideas or solutions within the context of either product or process innovation.

_____________ Is a Type of Innovation Which Introduces New Goods