Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Close, long - term relationships with suppliers may be important for producing a steady stream of continuous ( incremental ) improvement innovations, but according to
Close, longterm relationships with suppliers may be important for producing a steady stream of continuous incremental improvement innovations, but according to Bessant firms addressing discontinuous innovation initiatives need to:
A
continue to build on the trusted relationships of the past which have proven profitable and leverage the efficiencies of those existing relationships, processes, and infrastructure equipment, to counter any upcoming innovation cycles.
B
exploit a different population of upstart companies on the edge of technology to gain access to new ideas and design concepts.
C
work independently to ensure they develop the absorptive capacity necessary to compete in the market area.
D
None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started