The Level of Innovation in a Firm Can Be Increased

question 7

Multiple Choice

The level of innovation in a firm can be increased by:

• A)restructuring the firm to centralise and expand the innovation function
• B)focusing teams on a single area of functional expertise
• C)avoiding cooperative strategies because these can divert management's attention
• D)offering incentives to managers to be entrepreneurial

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Definitions:

Nonmonetary

Pertains to benefits, rewards, or compensation that do not involve financial remuneration.

Genetically Identical Copy

An organism, cell, or piece of genetic material that is exactly the same in genetic composition as the one from which it was derived, as in cloning.

Cloning

Cloning is a process of producing genetically identical individuals of an organism either naturally or artificially.

Human

A member of the species Homo sapiens, characterized by a capacity for complex language, thought, and social organization.