CMAT 2025 Foundations of Innovation and Entrepreneurship — Previous Year Question
Paper
CMAT 2025
Section
INNOVATION-AND-ENTREPRENEURSHIP
Topic
Foundations of Innovation and Entrepreneurship
Difficulty
Medium
Question
CMAT 2025
Slot-2
Given below are two statements:
Statement I: Incremental innovation is concerned with the gradual improvement of existing products, services, processes, competitive positions, and organisational paradigms. Statement II: Radical innovation involves a much higher risk than incremental innovation.
In the light of the above statements, choose the most appropriate answer from the options given below:
Both Statement I and Statement II are correct
Both Statement I and Statement II are incorrect
Statement I is true but Statement II is incorrect
Statement I is false but Statement II is correct
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