Asked by Alexandre Al Mokhtari on Jun 16, 2024

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Verified

Too much emphasis on exploitation can ________.

A) result in increased flexibility
B) discourage development of new products and services
C) excessive costs for acquiring new knowledge
D) steep costs associated with R&D

Exploitation

The act of taking unfair advantage of someone or something, often for personal gain while neglecting the welfare of others.

New Products

Goods or services that have been recently introduced to the market, offering novel features or improvements over existing offerings.

R&D

Research and Development (R&D) denotes the activities related to the innovation and improvement of products and processes.

  • Identify the differences between exploitation and exploration strategies in the innovation processes of organizations.
verifed

Verified Answer

KP
Kulkarni PremaJun 20, 2024
Final Answer :
B
Explanation :
Focusing too much on exploitation, which involves leveraging existing knowledge and resources, can lead to a lack of innovation and discourage the development of new products and services, as efforts and resources are primarily directed towards optimizing and extending current capabilities rather than exploring new possibilities.