Asked by
Tài Chính Tiên Ti?n 61C
on Nov 26, 2024Verified
Which would be an example of innovation within an existing business firm?
A) the development of Post-it note pads by the 3M Corporation
B) the granting of a patent to a university researcher
C) the formation of the start-up firm Amgen
D) the merger of AOL and Time-Warner
Innovation
The process of creating new products, services, or methods that improve upon existing ones, driving progress in various fields.
Post-it Note Pads
Small pieces of paper with a re-adherable strip of adhesive on the back, intended for temporarily attaching notes to documents and other surfaces.
3M Corporation
A multinational conglomerate corporation known for products like Post-it Notes, Scotch tape, and a wide range of industrial and consumer goods.
- Recognize innovation within an existing business firm.
Verified Answer
RA
Learning Objectives
- Recognize innovation within an existing business firm.