In the context of internal corporate ventures, the patterns of interaction, coordination, communication and decision making that employees use to convert innovations into successful market entries describes a firm's:

Question

Quizplus · Accepted Answer

The description provided in the question refers to organisational processes, which refer to the collection of routines, procedures, and customs that guide how employees work together to achieve goals. These processes often include decision-making protocols, communication channels, and coordination mechanisms, and they can have a significant impact on how effectively innovative ideas are developed, tested, and successfully commercialized within a firm. Therefore, the best answer choice is organisational processes (C). The other options are not as directly related to the description in the question, as venture design (A) refers to the planning and development of new business ventures, management structure (B) refers to the hierarchy and distribution of decision-making authority within a firm, and management technologies (D) refers to the tools and systems used to assist managers and employees in their work.

In the Context of Internal Corporate Ventures, the Patterns of Interaction