The Inventing or Innovation-Initiating Team Should Be Managed

question 42

Multiple Choice

The inventing or innovation-initiating team should be managed

• A)with the same discipline that any other company department is subject to.
• B)in a way which is probably less restrictive or hierarchical than the rest of the company.
• C)more strictly than other departments, to prevent creative people losing direction.
• D)in accordance with a target-driven, methodical philosophy.

---

Definitions:

Technology Used

Refers to the tools, machines, and techniques utilized to solve problems or improve conditions in various fields.

Equilibrium Price

Equilibrium price is the price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a balanced market.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where demand equals supply.

Decrease in Price

A reduction in the cost at which goods or services are sold, often leading to increased demand.