Question: Improvements aimed at lowering costs are called a . process innovations. b . product innovations. c . structural innovations. d . None of the above.

Improvements aimed at lowering costs are called
a. process innovations.
b. product innovations.
c. structural innovations.
d. None of the above.
Firms often seek to reduce risk by operating in a single industry.
a. True
b. False
 Improvements aimed at lowering costs are called a. process innovations. b.

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