The Innovation Management System Approach Yields Two Favorable Outcomes: It

question 29

Multiple Choice

The innovation management system approach yields two favorable outcomes: it helps create an innovation-oriented company culture, and it ________.

• A) clearly assigns responsibility for the process to a single department
• B) yields a larger number of new product ideas
• C) guarantees successful products
• D) frees up senior management time
• E) requires less budget support

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Definitions:

Potency

The power or effectiveness of something, often used in the context of medicine, leadership, or substance strength.

Meaningfulness

The significance, value, or purpose that individuals attach to their work, roles, or life events.

Autonomy

The capacity to make an informed, uncoerced decision; often referring to the independence or freedom of an entity or individual.

Leadership Role

A position or function in which an individual guides or influences a group towards accomplishing goals.