The Innovation Strategy for Changing Products and Technologies That Involves

question 78

Multiple Choice

The innovation strategy for changing products and technologies that involves creating conditions and systems to facilitate internal and external coordination and knowledge sharing is known as _____.

• A) exploration
• B) cooperation
• C) entrepreneurship
• D) idea incubator
• E) horizontal linkage

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Definitions:

Limited Liability

Limited liability is a legal structure that restricts investors' or owners' personal responsibility for a company’s debts and losses to the extent of their investment.

Potential Sales

The estimated total sales revenue that a company could theoretically achieve in a market under ideal conditions.

Treasurer

An officer in an organization responsible for managing the institution's treasury, including financial planning, risk management, and investment activities.

Controller

A high-level executive responsible for overseeing the accounting operations of a company, including financial reporting and budgeting.