Which step in the innovation process focuses on identifying an idea's anticipated costs and benefits?
A) Idea creation
B) Initial experimentation
C) Test and retest
D) Feasibility determination
E) Final application

Question

Quizplus · Accepted Answer

The step that focuses on identifying an idea's anticipated costs and benefits is Feasibility determination. This is where the idea's viability is determined based on whether it is technically feasible, economically viable, and if it aligns with the overall strategy of the organization.

Which Step in the Innovation Process Focuses on Identifying an Idea's