Open App

CAT Exam > CAT Videos > CMAT Mock Test Series > Innovation (Product and Process)

Innovation (Product and Process) Video Lecture | CMAT Mock Test Series - CAT

FAQs on Innovation (Product and Process) Video Lecture - CMAT Mock Test Series - CAT

1. What is the difference between product innovation and process innovation?

Ans. Product innovation involves creating new or improved products, while process innovation focuses on enhancing the way products are made or delivered.

2. How can companies encourage innovation in both products and processes?

Ans. Companies can encourage innovation by fostering a culture of creativity, investing in research and development, and promoting collaboration among employees.

3. What are some examples of successful product innovation in recent years?

Ans. Examples of successful product innovation include the iPhone by Apple, the electric car by Tesla, and the streaming service Netflix.

4. How can process innovation help companies improve efficiency and reduce costs?

Ans. Process innovation can help companies improve efficiency and reduce costs by streamlining operations, implementing automation, and optimizing supply chains.

5. What are some challenges companies may face when trying to implement innovation in their products and processes?

Ans. Some challenges companies may face include resistance to change, lack of resources, and competition from other companies.

About this Video

4.65/5 Rating

Sep 30, 2025 Last updated

Related Exams

CAT

Video Description: Innovation (Product and Process) for CAT 2025 is part of CMAT Mock Test Series preparation. The notes and questions for Innovation (Product and Process) have been prepared according to the CAT exam syllabus. Information about Innovation (Product and Process) covers all important topics for CAT 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Innovation (Product and Process).

Introduction of Innovation (Product and Process) in English is available as part of our CMAT Mock Test Series for CAT & Innovation (Product and Process) in Hindi for CMAT Mock Test Series course. Download more important topics related with notes, lectures and mock test series for CAT Exam by signing up for free.

Description

Video Lecture & Questions for Innovation (Product and Process) Video Lecture | CMAT Mock Test Series - CAT - CAT full syllabus preparation | Free video for CAT exam to prepare for CMAT Mock Test Series.

Information about Innovation (Product and Process)

Here you can find the meaning of Innovation (Product and Process) defined & explained in the simplest way possible. Besides explaining types of Innovation (Product and Process) theory, EduRev gives you an ample number of questions to practice Innovation (Product and Process) tests, examples and also practice CAT tests.

	CMAT Mock Test Series 19 videos\|59 docs\|26 tests

CMAT Mock Test Series

19 videos|59 docs|26 tests

Join Course for Free

Explore Courses for CAT exam

Objective type Questions

Sample Paper

ppt

Semester Notes

practice quizzes

Important questions

Innovation (Product and Process) Video Lecture | CMAT Mock Test Series - CAT

Previous Year Questions with Solutions

Summary

Free

study material

shortcuts and tricks

Exam

video lectures

pdf

mock tests for examination

Viva Questions

Innovation (Product and Process) Video Lecture | CMAT Mock Test Series - CAT

MCQs

Extra Questions

past year papers

;

Study Innovation (Product and Process) on the App

Students of CAT can study Innovation (Product and Process) alongwith tests & analysis from the EduRev app, which will help them while preparing for their exam. Apart from the Innovation (Product and Process), students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc. The EduRev App will make your learning easier as you can access it from anywhere you want. The content of Innovation (Product and Process) is prepared as per the latest CAT syllabus.

Education Revolution