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4 cards from this section. Quick, good the night before a test.
What is product innovation?
Think about new products that capture public interest.
Give an example of process innovation.
Consider how data is managed and accessed in businesses.
What type of innovation involves developing a new product?
Consider which option highlights product development specifically.
True or False: Organizational innovation refers to changes in management practices.
Recall the impact of management structure on company operations.
Create a business proposal that includes examples of product, process, business model, and organizational innovations.
Think about how each innovation type complements the others.
Evaluate an existing business's approach to innovation and suggest improvements.
Identify areas where the company can innovate further.
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