Companies may use two types of processes that companies use to develop product ideas: exploration and exploitation.Exploration usually involves getting out of one's usual domain and exploring new areas for ideas.In contrast,exploitation refers to finding a use for those new ideas.What type of activity is associated with the exploitation of an idea?
A)Experimentation
B)Play
C)Implementation
D)Innovation

Question

Quizplus · Accepted Answer

Exploitation refers to finding a use for new ideas, which involves the implementation of the ideas into actual products or processes.

Companies May Use Two Types of Processes That Companies Use