Loma 335 chapter 1 exam with correct |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\
answers
Disruptive changes - correct answer✔✔1. They make significant contribution to process
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efficiency
2. DC are changes that have the potential to influence how a business operates
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3. Company leaders who see DC as opportunities consider innovative ways to recreate the
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business in order to be relevant in the future
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Organizational innovation - correct answer✔✔new or significantly improved design for |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\
BUSINESS PRACTICES |||\\\
product innovation - correct answer✔✔new product that is significantly different from existing
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products i.e. it's characteristics, components functions, or it intended users
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process innovation - correct answer✔✔new or significantly improved production process or
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method of delivery |||\\\ |||\\\
Marketing Innovation - correct answer✔✔new or significantly improved marketing method,
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product design, or product packaging
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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
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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
|||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\ |||\\\
