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Wednesday, October 8, 2014

EXTERNAL ENVIRONMENT | 3 types of innovation? What do they result in?

What are the three types of innovation? What do they result in?

1 comment:

  1. Answer:

    (1) Product innovations result in the creation of new or improved goods and services.

    (2) Process innovations result in better ways of doing things.

    (3) Business model innovations result in new ways of making money for the firm.

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