The ________ used by companies divides the innovation process into stages, with a checkpoint at the end of each stage.

Question

Quizplus · Accepted Answer

The stage-gate system is a widely used approach that divides the innovation process into stages and has a checkpoint at the end of each stage to evaluate whether the project should proceed to the next stage or be terminated. This helps ensure that resources are allocated wisely and that the project stays aligned with strategic goals. The other options listed are also methods for managing innovation, but they do not specifically involve dividing the process into stages with checkpoints.

The ________ Used by Companies Divides the Innovation Process into Stages