Asked by Alexandre Al Mokhtari on Jun 16, 2024
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.
Verified Answer
Learning Objectives
- Identify the differences between exploitation and exploration strategies in the innovation processes of organizations.
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