IBM Has an Internal Program Called Master Inventor That Provides

question 43

Multiple Choice

IBM has an internal program called Master Inventor that provides great recognition and reward to potential entrepreneurs from any level of the organization who propose a new product idea.The Master Inventor program supports

• A) sponsorship.
• B) intrapreneurship.
• C) venture capitalists.
• D) only radical innovation.
• E) participative innovation.

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Definitions:

Network Models

Mathematical representations or methods used to examine the interactions or relationships between parts within a network, often applied in operations research and telecommunications.

Simulation

The use of models to study the behavior and performance of real-world processes, systems, or events in a controlled environment.

Inventory Modelling

The mathematical modeling of inventory systems to optimize the inventory levels, ordering quantities, and safety stock to minimize costs and meet demand.

Douglas McGregor

An American social psychologist best known for his Theory X and Theory Y classification, describing differing perceptions of workforce motivation.