The current impetus to innovate comes from the need ____________________________.
A) to cut time, while still creating a competitive advantage
B) to cut costs, while still destroying a competitive advantage
C) to cut costs, while still creating a competitive advantage
D) to increase costs, while still creating a competitive advantage

Question

Quizplus · Accepted Answer

The need to innovate arises from the desire to remain competitive in the market while also reducing costs. Therefore, option C, which states the need to cut costs while still creating a competitive advantage, is the correct answer. Option A is incorrect as it mentions cutting time, which may not necessarily result in innovation. Option B is also incorrect as cutting costs while destroying a competitive advantage would not benefit a company. Option D is completely opposite to the actual need to innovate, as it mentions increasing costs, which is not desirable for companies.

The Current Impetus to Innovate Comes from the Need ____________________________