The Choice of a Strategy to Exploit Innovation Depends on Two

question 18

Multiple Choice

The choice of a strategy to exploit innovation depends on two factors:

• A)luck and past experience in the industry.
• B)characteristics of the innovation and a firm's financial resources.
• C)characteristics of the innovation and a firm's resources and capabilities.
• D)the nature of the innovation, and how large the firm is.

---

Definitions:

Followers

Individuals who support and are guided by a leader or leadership within an organizational context, contributing to the group's objectives.

Constructive Follower Orientation

An approach where followers actively contribute ideas, engage in problem-solving, and support leadership initiatives for improved organizational outcomes.

Power

The ability or capacity to influence or direct the behavior of others or the course of events.

Formal Leadership

A type of leadership that is recognized within an organization's structure, usually involving designated roles and responsibilities.