Which of the Following Is a Drawback of Open Innovation

question 68

Multiple Choice

Which of the following is a drawback of open innovation?

• A)It increases the level of risk associated with product development.
• B)It diverts the organization's attention away from the marketplace.
• C)It nurtures external relationships but not internal ones.
• D)It requires extensive support.

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Definitions:

Supply Chain Sustainability

The management of environmental, social, and economic impacts within the supply chain, focusing on long-term viability and ethics.

Legal Obligations

Responsibilities or duties enforced by law that an entity or individual must follow.

Stakeholders

Individuals or groups with an interest or concern in the success and operations of a business, including employees, customers, investors, and suppliers.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state or future outcome.