The two fundamental types of innovation include
A)process innovations and process technologies.
B)product innovations and product technologies.
C)process innovations and product innovations.
D)product technologies and process innovations.
E)product technologies and process technologies.

Question

Quizplus · Accepted Answer

The two fundamental types of innovation are process innovations (improvements or advancements in how a product or service is produced or delivered) and product innovations (new or improved products or services). Therefore, option C, which lists both process and product innovations, is the correct answer. The other options either include only one type of innovation or are not accurate descriptions of the two fundamental types.

The Two Fundamental Types of Innovation Include