______ is the development of new or improved goods or services that are sold to meet customer needs.
A) Product innovation
B) Exploratory innovation
C) Exploitative innovation
D) Process innovation

Question

Quizplus · Accepted Answer

Product innovation refers to the creation of new or significantly improved products or services that are introduced to the market to meet consumer demands. This can include changes in design, materials, software, or functionality aimed at offering new or enhanced value to the customer.

______ Is the Development of New or Improved Goods or Services