Asked by Wafaa Alenzi on Sep 26, 2024
Generally, innovative companies rely on
A) goal setting and empowerment.
B) creativity and copying.
C) competitors and empowerment.
D) mechanistic strategy and luck.
E) employees and government.
Innovative Companies
Innovative companies are organizations that consistently introduce new ideas, technologies, or methods, driving growth and often transforming industries through their creativity and invention.
Goal Setting
The process of identifying specific, measurable, achievable, relevant, and time-bound (SMART) objectives that guide actions and decision-making.
Empowerment
The act of giving power or authority to individuals or groups, often aimed at enabling them to take control over their lives or work.
- Recognize the role of innovation in business, including the stages of the innovation process.
Learning Objectives
- Recognize the role of innovation in business, including the stages of the innovation process.
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