The Importance of Innovation in an Organization
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Questions and Answers

How does innovation enhance team dynamics?

  • By creating obstacles to success
  • By enabling critical and creative thinking for complex challenges (correct)
  • By limiting the team's capabilities
  • By reducing employment opportunities

What impact does innovation have on career progression?

  • It creates barriers to advancement
  • It restricts skill development
  • It opens up new opportunities and advancements (correct)
  • It impedes career growth

Which factor contributes to economic growth through innovation?

  • Decreasing market demand
  • Reducing unemployment rates (correct)
  • Limiting job opportunities
  • Increasing trade barriers

How does innovation impact social improvement?

<p>By facilitating inclusive learning and skill development (D)</p> Signup and view all the answers

Which statement about innovation in healthcare is true?

<p>It leads to improvements in diagnosis, treatment, and prevention of diseases (A)</p> Signup and view all the answers

How does innovation affect quality of life?

<p>By providing convenience and improved living standards through smart home technologies (C)</p> Signup and view all the answers

What advantage do countries leading in innovation have in the global market?

<p>Competitive edge, attracting investments and driving economic growth (C)</p> Signup and view all the answers

Which of the following is NOT an innovation driver?

<p>Employee limitations (D)</p> Signup and view all the answers

How does globalization contribute to innovation?

<p>By creating external pressures that push companies to innovate (B)</p> Signup and view all the answers

What role do regulatory changes play in driving innovation?

<p>They provide incentives for innovation and compliance (B)</p> Signup and view all the answers

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