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(a) What is meant by an innovation? What are the different types of innovations from a production context? (b) What are some factors that determine

(a) What is meant by an innovation? What are the different types of innovations from a production context? (b) What are some factors that determine the rate at which a firm introduces innovations? (c) Why are Drones (likely to be used by Amazon) a disruptive innovation? Explain.

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