Which of the Following Statements Is True Regarding Innovation Portfolio

question 41

Multiple Choice

Which of the following statements is true regarding innovation portfolio planning?

• A)Each innovation project should be evaluated on its own merits,independent of other projects a firm is pursuing
• B)Product enhancement projects typically require greater resource investments than platform development projects do
• C)Operations managers play different roles on different types of innovation projects
• D)In order to be fair,all innovation projects should be assessed using the same metrics

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Definitions:

Social Media Sites

Online platforms where users can create, share, or exchange information, ideas, and pictures/videos in virtual communities.

Business World

Refers to the global environment comprising all individuals, companies, organizations, and activities involved in the production, distribution, and consumption of goods and services.

Technology Impacts

The influence or effect of technology on various aspects of society and the economy.

Production Orientation

A business philosophy focusing on the efficiency and effectiveness of the production process, often at the expense of customer needs or desires.