Incubation and Verification Are

question 148

Multiple Choice

Incubation and verification are

• A)elements of the MARS model.
• B)problems with team decision making.
• C)two forms of influence in organizations.
• D)stages of the creative process.
• E)elements of bounded rationality.

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Definitions:

Analyzer Strategy

A business approach where a company monitors the market and competitors' actions, innovates incrementally, and follows the market leader's successful moves.

Entrepreneurial Employees

Employees who exhibit entrepreneurial characteristics within an organization, including innovation, risk-taking, and proactiveness, contributing to the company's growth.

Flexible

The ability to easily adapt to new, different, or changing requirements and situations.

Agency Problem

arises in situations where there is a conflict of interest between the principals (owners) and agents (managers) of an organization, leading to potential difficulties in aligning their goals.