Which of the following does not aptly describe innovation?
A)first commercial use of a new production process
B)discovery of a new production method
C)creation of a new form of business enterprise
D)commercial introduction of a new product

Question

Quizplus · Accepted Answer

Innovation involves the practical application of ideas or inventions, such as the commercial use of a new process (A), the creation of new business models (C), and the introduction of new products to the market (D). Discovery of a new production method (B) is more about invention and the generation of new ideas rather than the application or implementation of those ideas, which is what innovation typically entails.

Which of the Following Does Not Aptly Describe Innovation