Which of the following is the least innovative category of new products?
A)Cost-reduced products
B)New-to-the-firm products
C)New-to-the-world products
D)Additions to existing product lines

Question

Quizplus · Accepted Answer

Cost-reduced products are usually incremental improvements to existing products rather than groundbreaking innovations. They are often created to increase efficiency and reduce manufacturing costs rather than to introduce new features or capabilities. Therefore, they are generally considered the least innovative category of new products.

Which of the Following Is the Least Innovative Category of New