Innovation refers to the act of:
A)seeking patent protection for new products.
B)creating new products and processes.
C)measuring time taken for a service to be provided.
D)measuring the output produced by an employee. E)identifying and satisfying the needs of a customer.

Question

Quizplus · Accepted Answer

Innovation is about creating new products and processes to improve or transform existing ones. Seeking patent protection is just one aspect of protecting intellectual property related to innovation. Measuring time taken or employee output is related to productivity and efficiency, but not necessarily innovation. Identifying and satisfying customer needs can lead to innovation, but it is just one part of the process.

Innovation Refers to the Act Of