The innovation management system approach yields two favorable outcomes: it helps create an innovation-oriented company culture, and it ________.
A) clearly assigns responsibility for the process to a single department
B) yields a larger number of new product ideas
C) guarantees successful products
D) frees up senior management time
E) requires less budget support

Question

Quizplus · Accepted Answer

The innovation management system approach is designed to promote a culture of innovation within a company, which should result in more ideas being generated. While it may help clarify responsibilities and free up management time, it does not guarantee successful products, nor does it necessarily require less budget support.

The Innovation Management System Approach Yields Two Favorable Outcomes: It