Innovation Refers to the Act Of

question 30

Multiple Choice

Innovation refers to the act of:

• A)seeking patent protection for new products.
• B)creating new products and processes.
• C)measuring time taken for a service to be provided.
• D)measuring the output produced by an employee. E)identifying and satisfying the needs of a customer.

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Definitions:

Leading Lives

refers to the manner in which individuals direct their life courses, make decisions, and pursue their goals.

Property

Refers to anything that is owned or possessed, which can include physical items, intellectual properties, and rights over tangible or intangible assets.

Social Exchange Theory

Theory that claims people make relationship decisions by assessing and comparing the costs and rewards.

Dissatisfied

The feeling of unhappiness or displeasure due to unmet expectations or needs.