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In which situation does innovation fail to create real customer value?

Answer and explanation

Correct answer: The product is new but useless to customers

Innovation is not simply the introduction of something new. It creates customer value when it solves a problem, saves time or cost, improves quality, or provides a meaningful benefit. A product may be original but still fail if customers cannot use it or do not need it. Therefore, the useless new product in option B represents novelty without value; the other options describe clear customer benefits.

Related tags

InnovationCustomer-ValueUsefulnessIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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