Firms benefit when they democratize innovations and replace groundbreaking ideas with lowest-common-denominator solutions.

Name: Firms benefit when they democratize innovations and replace groundbreaking ideas with lowest-common-denominator solutions.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

Firms actually benefit when they pursue groundbreaking ideas and innovations, rather than sticking with safe, lowest-common-denominator solutions. This allows them to stay ahead of competitors, create new markets, and potentially reap high rewards.

Firms Benefit When They Democratize Innovations and Replace Groundbreaking Ideas