Which of the following statements is true of metrics for innovation?
A) It is not an effective practice to get external validation for performance metrics.
B) Performance metrics need to be adjusted and fine-tuned through time, so that they are aligned with business goals.
C) In the recent times, there has been a drastic decline in the use of social media metrics in launch management.
D) The fewer the performance metrics, the greater the conflict between themselves.

Question

Quizplus · Accepted Answer

Performance metrics for innovation need to be regularly reviewed and adjusted to ensure they are aligned with business goals. This helps to ensure that they are still relevant and effective in measuring the success of innovation initiatives. External validation can also be helpful in assessing the effectiveness of innovation metrics. However, there is no evidence to suggest a decline in the use of social media metrics, and the statement about fewer metrics leading to conflicts is not necessarily true.

Which of the Following Statements Is True of Metrics for Innovation