Redefining how company gets paid or create innovative new revenue streams is of Business innovation.

Related MCQs

• In , the company would seek new products that have marketing or technological synergies with existing product lines appealing to a new group of customers.
• SBU (strategic business unit) is a unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting.
• Change in company’s ………. gives rise to problems necessitating a new ……… to be made
• In , the company can develop new products that are technologically unrelated to its current product line and still can appeal to its current customers.
• In , the company may seek new opportunities that have no relation with its current technology, products, or markets.
• For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company
• The purpose of identifying company's strategic business unit is:
• All of the following are forces that create high rivalry within an industry EXCEPT
• New entrants to an industry are more likely when (i.e., entry barriers are low when…)
• It directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs.