Asked by
Matthew Mignone
on Nov 26, 2024
Verified
Henry Ford's development of an assembly method for building cars and trucks would be an example of
A) product improvement.
B) fast-second strategy.
C) process innovation.
D) inverted-U theory.
Process Innovation
The adoption of a novel or substantially enhanced method for producing or distributing offerings in business processes.
Assembly Method
A process in manufacturing where parts are put together to make a final product.
- Acquire knowledge on the role and value of process innovation in refining production approaches and its influence on a company's complete product curve and expense architecture.
Verified Answer
HS
Learning Objectives
- Acquire knowledge on the role and value of process innovation in refining production approaches and its influence on a company's complete product curve and expense architecture.