Which of the Following Means Extending the Search for and Commercializing

question 89

Multiple Choice

Which of the following means extending the search for and commercializing new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry?

• A) An idea champion
• B) Open innovation
• C) A new-venture team
• D) An idea incubator
• E) An inventor

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Definitions:

Management Forecast

The process of predicting future trends, outcomes, or behaviors in business operations based on current data and analysis.

Trend Analysis

The practice of collecting information and attempting to spot a pattern, or trend, in the data, often used for predicting future events or behaviors.

Management Forecasts

The opinions (judgments) of supervisors, department managers, experts, or others knowledgeable about the organization’s future employment needs.

Organizational Indexes

Quantitative measures or indicators that are used to track and evaluate the performance, health, or condition of an organization.