When entrepreneurs develop new products, other companies also experience growth because they immediately copy the successful product. create many companion products. try to develop their own products. attempt to improve the product.

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15-05-2015
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When entrepreneurs develop new products, other companies also experience growth because they immediately copy the successful product. create many companion products. try to develop their own products. attempt to improve the product.

Sagot :

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jaquelinefvr jaquelinefvr · Answer 1 · 2022-02-02T07:31:53-05:00

It is common for other companies to grow when entrepreneurs develop new products, this is because competitors try to improve the product, that is, generate greater value for consumers to expand their market.

Incremental innovation

It corresponds to the strategy of making improvements to products and services already on the market, that is, including greater benefits and technologies that change consumer perception, and positively impact business.

Therefore, performing incremental innovation is a strategy used to gain value, increase competitiveness and the positioning of a company in the market.

The correct answer is:

Attempt to improve the product.

Find out more information about incremental innovation here:

https://brainly.com/question/25489338

Sagot :

Incremental innovation

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