Question

large telecommunications companies have an incentive to improve existing lines of products and services to better serve their customers rather than invent new products this best demonstrates what aspect of innovation in business

a research and development department San large companies fuel innovation

b compared to larger companies small businesses are not financially equipped to innovate

c real Innovation tends to come from independent vendors and small businesses

d large companies are too inflexible to handle real innovation

a partnership that is restructed for a business that moves to a new location is considered to be which of the following

a business failure

b business termination

c business success

d business venture

Answer 1

large telecommunications companies have an incentive to improve existing lines of products and services to better serve their customers rather than invent new products this best demonstrates what aspect of innovation in business

a research and development department San large companies fuel innovation.

Explanation - usually larger organisations have a separate Department for research and development which increases its overall availability of possibilities of innovations which could be implemented into the organisational structure.

a partnership that is restructured for a business that moves to a new location is considered to be which of the following

d business venture

Explanation- can be defined as new investments of the company which completely focuses on creating financial advancement by shifting the organisations to new places and to restructure the partnership.