) Briefly explain the concept of incremental innovation. b) Describe any THREE (3) benefits of incremental innovation.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 3CRQ: What are the five Cs of managing innovation, and how do they help direct a firms innovation...
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3. Due to the environment and the needs of the customers are constantly changing, an
entrepreneur needs to be able to improve different areas of their business to solve
emerging problems and to keep creating new value for the customers. Knowing the
types of innovations is essential to the business.

a) Briefly explain the concept of incremental innovation.
b) Describe any THREE (3) benefits of incremental innovation.

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