Asked by Sylvia Haynes on Sep 26, 2024

The ____ process is defined as the systematic development and practical application of a new idea.

A) technology
B) innovation
C) copyright
D) licensing
E) creative

Systematic Development

A structured method for the development of something (e.g., software, organizational policies) ensuring regularity, predictability, and efficiency.

Practical Application

The use of theoretical knowledge in real-world scenarios to solve problems or accomplish tasks.

New Idea

A novel concept, thought, or innovation that has not been proposed or thought of before.

  • Discern the impact of innovation on business practices, covering the different stages involved in the process of innovation.