The owners of a local coffee shop routinely try to develop new menu items and seek better ways of helping their customers. ________ is the result of their efforts.
A) Synergy
B) The production objective
C) MBO
D) Efficiency
E) Innovation

Question

Quizplus · Accepted Answer

Finding ways to deliver new or better goods or services is called innovation. No organization, for-profit or nonprofit, can allow itself to become complacent, especially when rivals are coming up with creative ideas. "Innovate or die" is an important adage for any manager.

The Owners of a Local Coffee Shop Routinely Try to Develop