Examlex
Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
principate
Open Innovation
An approach to innovation that stresses the importance of collaboration and sharing ideas and technologies between organizations rather than relying solely on internal resources and capabilities.
Organization
An entity comprising multiple people structured in a specific way to achieve a series of goals or objectives.
Knowing-Doing Gap
The disconnect between knowing what needs to be done and actually implementing or doing it, often observed in organizational settings.
Rewards
Compensation or incentives given to individuals or groups for achieving specific goals or performance targets.
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