A bicycle manufacturing company adopted a new type of inventory management system.This inventory system improved the productivity of its manufacturing unit and the quality of the bicycles.This is an example of _____ innovation.
A) product
B) radical
C) architectural
D) process

Question

Quizplus · Accepted Answer

The given scenario is an example of process innovation as the company has adopted a new inventory management system which has improved the manufacturing process and overall quality of the bicycles produced. This innovation has not introduced any new product or change in the manufacturing architecture, hence options A and C can be ruled out. Option B, radical innovation, involves a significant breakthrough or disruption in an industry, which is not the case here.

A Bicycle Manufacturing Company Adopted a New Type of Inventory