WGU D081 V5-QBM3 TASK 1 | INNOVATIVE
AND STRATEGIC THINKING | LATEST
UPDATE WITH COMPLETE SOLUTION 2026
ALREADY GRADED A+
Research and Development - ANSWERS-Organizational activities with
the goal of innovating products and services
Incremental Innovations - ANSWERS-Gradual improvements to
products or processes
Breakthrough Innovation - ANSWERS-The development of an entirely
new product or process
Transformational Innovation - ANSWERS-Organizational adaptation and
development of new processes and business models
Business Model - ANSWERS-A company's plan for creating value,
including the types of products and services it will offer to earn
revenue
Which type of innovation results in the development of entirely new
products or processes? - ANSWERS-Breakthrough
,Key Point - ANSWERS-Innovation is an activity or process that leads to
more effective products, processes, services, technologies, or ideas.
Innovation is the development of customer value through solutions
that meet unmet needs in new ways.
Key Point - ANSWERS-Creativity is the generation of new ideas.
Innovation is the development and implementation of a new idea
through a series of stages.
Key Point - ANSWERS-Three types of innovation include breakthrough,
incremental, and transformational. Breakthrough innovation results in
the development of completely new products or processes.
Incremental innovation occurs through gradual improvements.
Transformational innovation radically changes an existing product or
process into a new model.
Design Thinking - ANSWERS-A human-centered process for innovation
consisting of six iterative stages—empathize, define, ideate,
prototype, test, and implement
Initiative - ANSWERS-An organizational priority that identifies a
direction or strategic area of focus
Innovation - ANSWERS-Process of developing and implementing a new
product or process that delivers value to users or customers
Iterative - ANSWERS-Repeated cycles that increasingly approach the
desired result
, Creativity - ANSWERS-Generation of novel or unique ideas
Critical Thinking - ANSWERS-Disciplined process of rational,
evidenced-based, and open-minded thinking that involves analysis and
evaluation of inputs to reach an answer
Market Share - ANSWERS-The percentage of sales in a market
controlled by a particular company or product
Customer Value - ANSWERS-The benefit (vs. cost) a customer receives
from a product or service offering
Product Innovations - ANSWERS-New or improved goods or services
offered to the market
Process Innovations - ANSWERS-New or improved ways of conducting
business, such as the application of new technology, production
techniques, or distribution methods
Invention - ANSWERS-The creation of a unique new idea, process, or
object
Which type of innovation adds indirect value to customers by lowering
costs and increasing the quality of new or existing products or
services? - ANSWERS-Process
AND STRATEGIC THINKING | LATEST
UPDATE WITH COMPLETE SOLUTION 2026
ALREADY GRADED A+
Research and Development - ANSWERS-Organizational activities with
the goal of innovating products and services
Incremental Innovations - ANSWERS-Gradual improvements to
products or processes
Breakthrough Innovation - ANSWERS-The development of an entirely
new product or process
Transformational Innovation - ANSWERS-Organizational adaptation and
development of new processes and business models
Business Model - ANSWERS-A company's plan for creating value,
including the types of products and services it will offer to earn
revenue
Which type of innovation results in the development of entirely new
products or processes? - ANSWERS-Breakthrough
,Key Point - ANSWERS-Innovation is an activity or process that leads to
more effective products, processes, services, technologies, or ideas.
Innovation is the development of customer value through solutions
that meet unmet needs in new ways.
Key Point - ANSWERS-Creativity is the generation of new ideas.
Innovation is the development and implementation of a new idea
through a series of stages.
Key Point - ANSWERS-Three types of innovation include breakthrough,
incremental, and transformational. Breakthrough innovation results in
the development of completely new products or processes.
Incremental innovation occurs through gradual improvements.
Transformational innovation radically changes an existing product or
process into a new model.
Design Thinking - ANSWERS-A human-centered process for innovation
consisting of six iterative stages—empathize, define, ideate,
prototype, test, and implement
Initiative - ANSWERS-An organizational priority that identifies a
direction or strategic area of focus
Innovation - ANSWERS-Process of developing and implementing a new
product or process that delivers value to users or customers
Iterative - ANSWERS-Repeated cycles that increasingly approach the
desired result
, Creativity - ANSWERS-Generation of novel or unique ideas
Critical Thinking - ANSWERS-Disciplined process of rational,
evidenced-based, and open-minded thinking that involves analysis and
evaluation of inputs to reach an answer
Market Share - ANSWERS-The percentage of sales in a market
controlled by a particular company or product
Customer Value - ANSWERS-The benefit (vs. cost) a customer receives
from a product or service offering
Product Innovations - ANSWERS-New or improved goods or services
offered to the market
Process Innovations - ANSWERS-New or improved ways of conducting
business, such as the application of new technology, production
techniques, or distribution methods
Invention - ANSWERS-The creation of a unique new idea, process, or
object
Which type of innovation adds indirect value to customers by lowering
costs and increasing the quality of new or existing products or
services? - ANSWERS-Process
