In order to be successful as an innovator, a firm may require:
A)constant investment in mergers and acquisitions.
B)frequent expansion of its scale of operation.
C)to invest the majority of its annual profit in market research.
D)research facilities and a culture that respects scientists and engineers.

Question

Quizplus · Accepted Answer

Research facilities and a culture that respects scientists and engineers are essential for generating and nurturing innovative ideas. Merger and acquisitions, frequent expansion, and investing the majority of profits in market research may be helpful, but they are not as vital as having the right environment for innovation.

In Order to Be Successful as an Innovator, a Firm