As Firms Work to Become More Efficient and Effective in the Global

question 39

Multiple Choice

As firms work to become more efficient and effective in the global business environment, they are forced to continually innovate. Innovation in an organization:

• A) will always increase a firm's performance.
• B) may enhance or destroy a firm's capabilities.
• C) should not be pursued by industry leaders.
• D) happens only incrementally.

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Definitions:

Graduated

Pertains to having completed a course of study, typically in the context of completing a degree or educational level.

Ceremony

A formal event or occasion, typically one celebrating a particular achievement or anniversary.

Disappointment

The feeling of dissatisfaction that arises from a gap between expectations and the actual performance or outcome of a product or service.

Performance

The action or process of carrying out or accomplishing an action, task, or function.