Which of the Following Describes an Executive Champion

question 55

Multiple Choice

Which of the following describes an executive champion?

• A) Has the status, authority, and resources to support an innovation.
• B) Promotes an idea throughout the organization.
• C) Develops a new technology.
• D) Coordinates the technological efforts of various business units.
• E) Assesses technological implications.

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Definitions:

Advertising Budget

The amount of money allocated towards promoting a product, service, or brand during a set period.

Sales Increase

A rise in the quantity or amount of products or services sold over a specific period.

Opportunity Loss

The loss of potential gain when one alternative is chosen over another.

Gross Profits

The difference between revenue and the cost of goods sold before deducting overhead, payroll, taxes, and interest payments.