Asked by Allison Hancock on Sep 26, 2024
When Quantic Technologies develops a working prototype for a new product, it has achieved which step in the three-step innovation process?
A) Conceptual
B) Production technology
C) Exploitation
D) Product technology
E) Differentiation
Working Prototype
A preliminary version of a product that is functional enough to demonstrate its capabilities or to test key concepts.
Three-step Innovation
An approach or model for implementing innovation that typically involves stages of ideation, development, and execution.
New Product
An item or service that has been recently developed or introduced to the market.
- Acknowledge the importance of innovation in commercial settings, including an overview of the innovation process steps.
Learning Objectives
- Acknowledge the importance of innovation in commercial settings, including an overview of the innovation process steps.