Which of the following can help business firms stimulate innovation?
A)Hiring employees with low risk tolerance
B)Telling employees that they must fear failure
C)Instructing managers to use micromanagement techniques
D)Using teams of writers to imagine detailed opportunities and threats for their companies

Question

Quizplus · Accepted Answer

Using teams of writers to imagine detailed opportunities and threats for their companies can help stimulate innovation by encouraging creative brainstorming and identifying potential areas for growth and development. This approach can also help businesses stay ahead of industry trends and competitive threats. A, B, and C are not effective strategies for stimulating innovation as they all discourage risk-taking and creativity.

Which of the Following Can Help Business Firms Stimulate Innovation