Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Strategic Management > Innovation and Strategy > Flashcards

Innovation and Strategy Flashcards

1
Q

What is invention?

A

The creation of new products

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Does invention lead to innovation?

A

Yes it can but not all innovation will lead to innovation.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is innovation?

A

Commercialization of invention by producing and manufacturing goods and services.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the alternatives strategies to exploit innovation?

A

Licensing, outsourcing certain functions, strategic alliance, joint venture, internal commercialization.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Strategic Management (9 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions