Question: Please answer all three for a positive review and rating. Thank you in advance. Required Information Types of Innovation This exercise addresses the strategic Implications



Please answer all three for a positive review and rating. Thank you in advance.
Required 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 coplers worldwide, Canon redesigned the copler, 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 Gillette Fusion Razor - 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. Coursera MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses Suppose that a company has successfully used architectural innovation to reconfigure a product and is now the market leader. In order to improve its product offering. extend the time that it can extract profits from its products, and maintain high entry barriers for new rivals, it will most likely engage in innovation next. Multiple Choice radical O architectural o Incremental O disruptive Required 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 exemplifies targeting new markets with the use of new technology. Gillette Fusion Razor - 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. Coursera MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses. GE is disrupting itself by using reverse Innovation to create low-cost health care diagnostic products in emerging markets (refer to Strategy Highlight 7.2 in the text). All of the following are true about this strategy except Multiple Choice GE is creating a new Industry. GE converted Internal Inventions Into market Innovations GE is disrupting itself In order to stay Innovative. O GE used emerging markets to Invade from the "bottom up." GE is utilizing reverse Innovation in order protect itself from rivals. Required 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 Texemplifies targeting new markets with the use of new technology. Gillette Fusion Razor - 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. Coursera MOOCs - Coursera created havoc among traditional university methods by offering massive open online courses. All of the following are strategies an established firm can adopt in order to protect itself from disruptive Innovation by rivals except Multiple Choice stay nimble and change more quickly. O disrupt itself and reverse Innovate. protect the low-end market segment by creating its own low-cost Innovations. listen to more than just current customers. rely primarily on architectural Innovation to frequently offer "reconfigured productsStep by Step Solution
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