Question

Identify the incorrect statement(s) about the types of

Q: Answer-Identify the incorrect statement(s) about the types of innovation :

Explanation Incorrect Process innovation significantly impacts operational efficiency by enhancing production methods. Correct Product innovation drives competitive advantage, business model innovation involves restructuring practices, and process innovation is crucial for reducing costs and improving quality.

innovation :

A Product innovation directly contributes to competitive advantage.

B Process innovation has no impact on operational efficiency.

C Business model innovation often involves redefining traditional practices.

D Process innovation is essential for cost-effectiveness and quality improvement.

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CMAT

Identify the incorrect statement(s) about the types of

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