Question

The necessary pieces for a successful innovation include: Select one: O a. strategy, vision, mission, values, incentives O b. skills, plan, resources, vision, incentives O c. skills, capabilities, resources, vision, plan O d. incentives, skills, plan, resources, mission Product innovation is more visible and is represented by: Select one: C a. internal organizational changes. O b the way the organization does business cl the output of goods and services d. external organizational successes

Answer 1

1) c

It is very important to have required skill, capabilities, resources, vision and plan. The skill is ability to do things well, the capability is the ability to generate ideas and outcomes, resources are necessary to generate new ideas and implement, Vision helps to provide direction of innovative capability and plan is to provide proper structure for innovation ideas and manage risk well

2) c

The output of goods and services show in detail the product innovation. The internal organizational changes or external organizational successes may not depend only on product innovation. The output of goods or services will help to clearly highlight the product innovation and the way organization is working.

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