Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the primary goal of commercial application in innovation?
What is the primary goal of commercial application in innovation?
- To identify the product or service features and design
- To obtain the required resources
- To apply the resources in order to accomplish the plans
- To provide values to customers, reward employees and satisfy the stakeholders (correct)
Which of the following is NOT an area of innovation?
Which of the following is NOT an area of innovation?
- New Operating Practices
- New product
- New means of managing relationship within the organization
- Resource organization (correct)
What is the definition of innovation?
What is the definition of innovation?
- The ability to obtain required resources
- The ability to develop new ideas
- The ability to apply creative solution to problems and opportunities (correct)
- The ability to manage relationships between organizations
What is the relationship between entrepreneurship and creativity?
What is the relationship between entrepreneurship and creativity?
Signup and view all the answers
Which stage of planning involves identifying the product or service features and design?
Which stage of planning involves identifying the product or service features and design?
Signup and view all the answers
What is the primary goal of analytical planning?
What is the primary goal of analytical planning?
Signup and view all the answers
Which of the following is an area of innovation according to the text?
Which of the following is an area of innovation according to the text?
Signup and view all the answers
What is the definition of creativity?
What is the definition of creativity?
Signup and view all the answers
What is the sequence of stages in planning?
What is the sequence of stages in planning?
Signup and view all the answers
What is the primary goal of implementation in innovation?
What is the primary goal of implementation in innovation?
Signup and view all the answers
