The innovation management system approach yields two favourable outcomes: it helps create an innovation-oriented company culture and it ________.
A)clearly assigns responsibility for the process
B)yields a larger number of new-product ideas
C)guarantees successful products
D)frees up senior management time
E)requires less budget support

Question

Quizplus · Accepted Answer

The innovation management system approach is designed to generate a larger number of new-product ideas by creating a structured process for innovation. While it may contribute to creating an innovation-oriented company culture, guaranteeing successful products, freeing up senior management time, and requiring less budget support are not outcomes that can be guaranteed by the approach. Additionally, the approach does not necessarily assign responsibility for the process in a clear way, as this will depend on the specific implementation within each company.

The Innovation Management System Approach Yields Two Favourable Outcomes: It