Which of the following forms of innovation focuses on better ways of doing things?
A) product innovation
B) process innovation
C) business model innovation
D) social business innovation
E) paradigm innovation

Question

Quizplus · Accepted Answer

Process innovation focuses on developing better ways of doing things, such as improving efficiency or reducing costs. Product innovation involves creating new products or improving existing ones, business model innovation changes the way a company creates and captures value, social business innovation addresses social or environmental challenges, and paradigm innovation changes fundamental assumptions or beliefs.

Which of the Following Forms of Innovation Focuses on Better