Which of the following statements holds true for process innovation?
A) It refers to the generation of new business ideas through input from employees beyond a company's R&D department and even going outside the firm to enlist contributions from experts, customers, suppliers, and competitors.
B) It refers to companies setting up joint collaborative ventures with rival organizations to make improvements in the manufacturing process.
C) It refers to the implementation of a new or significantly improved process.
D) It refers to the innovation by consumers and end users, who are using (or want to use) the product in new ways beyond what the company originally intended.
E) It refers to companies setting up joint collaborative ventures with governmental organizations to improve the manufacturing process.
Correct Answer:
Verified
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