Which of the Following Is True of Reverse Innovation

question 10

Multiple Choice

Which of the following is true of reverse innovation?

• A)It taps the potential for innovation existing at higher organizational levels.
• B)It emphasizes recognition of innovations developed in well-established markets.
• C)It recognizes innovations existing in diverse settings or locations.
• D)It involves a lack of complete information regarding what exists in the environment.
• E)It focuses on identifying strengths and weaknesses,potential costs and benefits,and potential markets or applications of innovations.

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Definitions:

Payee

A payee is a person or organization to whom money is paid or is to be paid.

Check

A written order instructing a bank to pay a specified amount of money from the writer's account to the person or entity in whose name the check has been issued.

Certificate Of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank.

Note

A promise by the maker of the note to pay the payee of the note.