Which of the following would be the result of product innovation?
A) a new system for shipping large packages
B) an inexpensive, high-quality refrigerator
C) an inexpensive method of producing bicycle wheels
D) a new technology for Internet servers

Question

Quizplus · Accepted Answer

Product innovations, as the name suggests, are new or recombined knowledge embodied in new products, such as a refrigerator. On the other hand, process innovations are new ways to produce existing products or to deliver existing services.

Which of the Following Would Be the Result of Product