____ is a strategy used by industry to innovate or modernize existing products.
A) CAM
B) Benchmark
C) Continuous improvement
D) Infringement

Question

Quizplus · Accepted Answer

Continuous improvement is a strategy used by the industry to innovate or modernize existing products. This involves making incremental changes or enhancements to the design, manufacturing process, or quality of the product to improve its performance, features, or functionality. This approach allows companies to stay competitive, meet changing customer demands, and enhance their reputation in the market. CAM (Computer-Aided Manufacturing) is a technology used in manufacturing that involves computer-controlled machines to automate the production process. Benchmarking is a practice of comparing a company's performance with its competitors or industry best practices to identify areas for improvement. Infringement refers to the violation of intellectual property rights, such as patents, trademarks, or copyrights.

____ Is a Strategy Used by Industry to Innovate or Modernize