The Incentive for Innovation of New Ideas and Products Is

question 25

Multiple Choice

The incentive for innovation of new ideas and products is generally strongest for ______.

• A) research and development divisions of large companies
• B) small businesses
• C) government-funded research laboratories
• D) colleges and universities

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Definitions:

Functional Structures

An organizational design that groups employees according to their specialized roles or functions, facilitating efficiency and expertise development.

Cost Containment

Strategies or measures implemented to control or reduce expenses within an organization or project.

Environmental Changes

Environmental changes are alterations in the natural world, including climate change, pollution, deforestation, and loss of biodiversity, impacting ecosystems and human societies.

Upward

In an organizational context, this term typically refers to communication or feedback that flows from lower levels of the hierarchy to upper levels of management.