All of the Following Statements Are True About Innovation Except

question 40

Multiple Choice

All of the following statements are true about innovation except that

• A)there are many risks associated with being an innovative company.
• B)innovation is the process of creating and doing new things that are introduced into the marketplace.
• C)one of the biggest challenges is using innovative technology in a cost-effective manner.
• D)true organizational innovation is pervasive throughout the organization.
• E)only small organizations can truly be innovative.

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Definitions:

Recessionary Economy

An economic condition characterized by a significant decline in general economic activity over a sustained period.

Boom Economy

A phase of economic expansion characterized by rapid growth, increased production, and elevated consumer spending.

Variance

A measure of the dispersion or spread of a set of data points around their mean value; in finance, it's often used to measure volatility.

Portfolio Variance

A measure of the dispersion of returns of a portfolio's assets, indicating the degree of investment risk.