QUESTION

Text
Image


! Required Information Types of Innovation This exerclse addresses the strategic implicatlons of Innovation for a firm's competitive advantage, as well as the Impact of Innovation on markets and industry life cycles overall. This goal of this exercise is to recognize the four types of Innovation, based on the following product descriptlons: Canon Copler - While Xerox had been the dominant supplier for coplers worldwide, Canon redesigned the copler, so It didn't require professional service and the user could maintaln the machine. Ford Model T - Ford's Introduction of the Model T exemplifies targeting new markets with the use of new technology. Glllette Fusion Razor - Gllette sustains Its competitive advantage by continually Improving its blades. The company Initlally developer razors with one blade; it now has razors with six blades. Coursera MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses. innovation next. Multiple Choice radical architectural Incremental disruptive
Requlred Information Types of Innovation This exercise addresses the strategic implications of innovation for a firm's competitive advantage, as well as the impact of innovation on markets and industry life cycles overall. This goal of this exercise is to recognize the four types of innovation, based on the following product descriptions: Canon Copler - While Xerox had been the dominant supplier for copiers worldwide, Canon redesigned the copier, so it didn't require professional service and the user could maintain the machine. Ford Model T - Ford's introduction of the Model T exemplifies targeting new markets with the use of new technology. Glllette Fuslon Rezor - Gillette sustains its competitive advantage by continually improving its blades. The company initially developer razors with one blade; it now has razors with six blades. Coursere MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses. Multiple Choice GE is creating a new industry. GE converted Internal Inventions into market Innovations. GE is disrupting itself In order to stay Innovatlve. GE used emerging markets to invade from the "bottom up." GE is utilizing reverse innovation In order to protect itself from rivals.
! Requlred Informetlon Types of Innovation This exercise addresses the strategic implications of innovation for a firm's competitive advantage, as well as the impact of innovation on markets and industry life cycles overall. This goal of this exercise is to recognize the four types of innovation, based on the following product descriptions: Canon Copler - While Xerox had been the dominant supplier for copiers worldwide, Canon redesigned the copier, so it didn't require professional service and the user could maintain the machine. Ford Model T - Ford's introduction of the Model T exemplifies targeting new markets with the use of new technology. Glllette Fuslon Rezor - Gillette sustains its competitive advantage by continually improving its blades. The company initially developer razors with one blade; it now has razors with six blades. Coursere MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses. All of the following are strategles an established firm can adopt in order to protect itself from disruptlve Innovation by rlvals except Multiple Choice stay nimble and change more quickly. disrupt itself and reverse Innovate. protect the low-end market segment by creating its own low-cost innovations. Iisten to more than just current customers. rely primarily on architectural Innovation to frequently offer "reconfigured" products.

Please answer all three for a positive review and rating. Thank you in advance.

Public Answer

LEN52U The First Answerer