Which of the following best describes product innovation?
A) Transforming a quantity of inputs into a given output
B) Identifying and satisfying a customer's needs
C) Creating products that have superior attributes than existing products
D) Developing a new process that focuses on quantity rather than quality
E) Measuring the quantity of outputs produced per employee

Question

Quizplus · Accepted Answer

Product innovation involves creating new or improved products with superior attributes than existing products, rather than just producing more outputs or meeting customer needs.

Which of the Following Best Describes Product Innovation