Innovation Is a Strategic Goal in Organizations Because It

question 33

Multiple Choice

Innovation is a strategic goal in organizations because it

• A) does not come from people.
• B) comes from people.
• C) does not give a competitive advantage.
• D) cannot be managed properly.
• E) exists in a vacuum.

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Definitions:

CPI

An indicator called the Consumer Price Index scrutinizes the total weighted average costs of a series of consumer goods and services, embracing sectors like food, transportation, and healthcare.

Purchasing Power

The valuation of a currency based on the volume of goods or services it can buy per unit.

CPI

The Consumer Price Index, a tool that inspects the generalized weighted average prices of a multitude of consumer services and goods, such as food, transportation, and medical services.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.