To Be Able to Innovate, Companies Must Constantly Scan the Environment

question 45

True/False

To be able to innovate, companies must constantly scan the environment, looking for trends and identifying disruptive technologies before these technologies change the competitive rules.

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Definitions:

Quantitatively Measurable

Attributes or phenomena that can be measured or quantified using numerical values or data.

Path-goal Theory

A leadership theory that suggests leaders adjust their style to best suit the follower's environmental and psychological contingencies to achieve their goals.

Motivational Forces

Internal or external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Transformational Leadership

Approach to leadership that focuses on the way that leaders transform group goals and actions – mainly through the exercise of charisma. Also a style of leadership based on charisma.