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Loma 335 chapter 1 Exam Questions With Correct Answers

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Loma 335 chapter 1 Exam Questions With Correct Answers

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Loma 335 chapter 1 Exam Questions With
Correct Answers
Disruptive |changes |- |CORRECT |ANSWER✔✔-1. |They |make |significant |contribution |to |process |
efficiency

2. |DC |are |changes |that |have |the |potential |to |influence |how |a |business |operates

3. |Company |leaders |who |see |DC |as |opportunities |consider |innovative |ways |to |recreate |the |
business |in |order |to |be |relevant |in |the |future



Organizational |innovation |- |CORRECT |ANSWER✔✔-new |or |significantly |improved |design |for |
BUSINESS |PRACTICES



product |innovation |- |CORRECT |ANSWER✔✔-new |product |that |is |significantly |different |from |
existing |products |i.e. |it's |characteristics, |components |functions, |or |it |intended |users



process |innovation |- |CORRECT |ANSWER✔✔-new |or |significantly |improved |production |process |
or |method |of |delivery



Marketing |Innovation |- |CORRECT |ANSWER✔✔-new |or |significantly |improved |marketing |
method, |product |design, |or |product |packaging



Breakthrough |innovation |- |CORRECT |ANSWER✔✔-BI |has |the |potential |for |large |gains |in |
productivity |and |profits



BI |presents |greater |risk |and |greater |cost |than |incremental |innovations



incremental |innovation |- |CORRECT |ANSWER✔✔-involves |less |risk |and |less |cost |than |
breakthrough |innovation

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