Innovation Is

question 48

Multiple Choice

Innovation is

• A) doing something different.
• B) always about radical change.
• C) always about incremental change.
• D) always embraced by large organizations.

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Definitions:

Performance-Based Stock Option Plan

A stock option program that ties the vesting or value of options to the achievement of specific performance targets, aligning employees' interests with corporate goals.

Compensation Expense

The total cost incurred by a company to compensate its employees, including wages, benefits, bonuses, and stock options.

Sales Increase

An upward trend in the volume or value of products or services sold by a business within a specific period, indicating potential growth or market acceptance.

Performance-Based Stock Option Plan

A compensation scheme where employees are granted options to purchase company stock based on meeting specific performance criteria, aligning their interests with shareholders.