Question

All of the following are potential benefits of innovation EXCEPT: Group of answer choices improved quality (attributes) of existing products. new products that better satisfy customer needs. reduced costs of making products that customers want. certainty concerning demand for new product

Answer 1

The potential benefit of innovation is the improved quality (attributes) of existing products. The correct option is A.

What is innovation?

Innovation is introducing new things and ideas.

The advantages of innovation are:

• High relative advantage
• Trialability
• observability        
• Compatibility
• Low complexity

Thus, the correct option is A, improved quality (attributes) of existing products.

Learn more about innovation

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