chapter 12.8

Question 1

All of the following statements about innovativeness are true EXCEPT which of these?
A. It refers to making decisions and taking risks without certain knowledge of probable outcomes.
B. It refers to a firm’s efforts to find new opportunities and novel solutions.
C. It involves creativity and experimentation.
D. It is aimed at developing new products, services, and processes.

Answer 1

A. It refers to making decisions and taking risks without certain knowledge of probable outcomes.

Question 2

C. copying the business practices or techniques of successful competitors

Answer 2

C. copying the business practices or techniques of successful competitors