Innovation refers to the act of:
A) seeking patent protection for new products.
B) developing new products and processes.
C) measuring time taken for a service to be provided.
D) measuring the output produced by an employee.
E) identifying and satisfying the needs of a customer.

Question

Quizplus · Accepted Answer

Innovation involves creating and implementing new ideas and processes, which aligns with the development of new products and processes. Seeking patent protection for new products is a legal process, while measuring time taken for a service or output produced by an employee is related to process efficiency. Identifying and satisfying customer needs falls under the realm of marketing and customer service, rather than innovation.

Innovation Refers to the Act Of