Question

Match the term to its definition:

a new product, service or technology developed by an organization that completely replaces the existing product, service or technology in an industry. the radical redesign of all aspects of a business to achieve major gains in cost, service or time. a new product, service, or technology that modifies an existing one. management's revision of organization's strategy, socio-cultural values shifts, and attitudes towards jobs. derives from the organization's general and task environments.

1. External forces 2. Internal forces 3. Reengineering 4. Radical innovation 5. Incremental innovation

Answer 1

a new product, service or technology developed by an organization that completely replaces the existing product, service or technology in an industry. -- Radical Innovation [ breakthrough innovations that completely changes the rule of the game]

the radical redesign of all aspects of a business to achieve major gains in cost, service or time. -  Reengineering

a new product, service, or technology that modifies an existing one - Incremental innovation [ as the name suggests, it is incremental improvement over existing one]

management's revision of organization's strategy, socio-cultural values shifts, and attitudes towards jobs. - Internal forces [ these factors are internal to the company]

derives from the organization's general and task environments- External forces [ environment is external and is out of company direct control]