Which of the following type of ideas are NOT likely to be eliminated by the product innovation charter (PIC)?
A)Ideas that require technologies the firm does not have.
B)Ideas to be sold to customers about whom the firm has no close knowledge.
C)Ideas that offer the wrong degree of innovativeness.
D)Ideas which differ from those of competitors or current trends.

Question

Quizplus · Accepted Answer

The PIC is a document that outlines the boundaries of innovation for a company. It helps in selecting and prioritizing innovative projects. Ideas that differ from those of competitors or current trends aren't likely to be eliminated by the PIC because they represent opportunities for differentiation and competitive advantage. On the other hand, ideas that require technologies the firm does not have or ideas to be sold to customers about whom the firm has no close knowledge can be eliminated by the PIC as they may not align with the firm's capabilities or goals. Ideas that offer the wrong degree of innovativeness may also be eliminated as they may not fit into the company's innovation strategy.

Which of the Following Type of Ideas Are NOT Likely