Abicycle manufacturing company adopted a new type of inventory management system. this inventory system improved the productivity of its manufacturing unit and the quality of its bicycles. this is an example of innovation.

Process Innovation

Explanation:

Process innovation is part of innovation which involves skills, facilities and technologies that are utilized in delivering and promoting a product.

There are various way to make this innovation better since it involves so many things like a company can innovate ways that can make their equipment work better and implement new technology that will make their manufacturing process efficient.

Also innovation process can be done on tools ,techniques and software which are used in delivering the products and innovating tools that are used to sell it

Process innovation is usually an internal process,it has less risk because the company is able to reduce the cost accumulated during production and raise their revenue.

world bank is the correct answer.

question - in 1827, john walker, a druggist in a small english town, tipped a splint with sulphur, chlorate of potash, and sulphid of antimony, and rubbed it on sandpaper, and it burst into flame. the druggist had discovered the first friction-chemical match, the kind we use to-day. it is called friction-chemical because it is made by mixing certain chemicals together and rubbing them. although walker's match did not require the bottle of acid, nevertheless it was not a good one. it could be lighted only by hard rubbing, and it sputtered and threw fire in all directions. in a few years, however, phosphorus was substituted on the tip for antimony, and the change worked wonders. the match could now be lighted with very little rubbing, and it was no longer necessary to have sandpaper upon which to rub it. it would ignite when rubbed on any dry surface, and there was no longer any sputtering. this was the phosphorus match, the match with which we are so familiar. according the paragraph what was the benefit of the new phosphorus match? it burst into flame when rubbed on sandpaper. it was made by mixing chemicals. it could be ignited on any dry surface. it threw fire in all directions.

answer - matches required natural chemicals