The strategy for changing products and technologies that involves redesigning the organization to encourage more creativity and the initiation of new ideas is known as _____.
A) exploration
B) cooperation
C) entrepreneurship
D) idea incubator
E) horizontal linkage

Question

Quizplus · Accepted Answer

The strategy described in the question is entrepreneurship, which involves creating an environment that encourages innovation and risk-taking to develop new products and technologies. Exploration involves searching for new ideas and technologies outside the organization. Cooperation involves working with other organizations or stakeholders to develop new products or technologies. An idea incubator is a specific type of entrepreneurship strategy that involves setting up a dedicated space or program to foster and develop new ideas. Horizontal linkage involves collaboration between different departments or functions within the organization to develop new products or technologies.

The Strategy for Changing Products and Technologies That Involves Redesigning