Asked by
Brianda Chavez
on Nov 22, 2024
Verified
Which type of innovation focuses on the enhancement and reuse of existing products and processes?
A) exploratory
B) exploitative
C) process
D) product
Exploitative Innovation
Innovation strategies that focus on improving or optimizing existing products, services, or processes within an organization.
Enhancement
The process of improving or augmenting the quality, value, or strength of something.
- Distinguish among various innovation categories such as product, process, organizational, people, exploitative, and exploratory.
Verified Answer
JS
Learning Objectives
- Distinguish among various innovation categories such as product, process, organizational, people, exploitative, and exploratory.