Question

How does management contribute to 'Incorporating Innovations'?

• A. By resisting all new technological advancements.
• B. By integrating new innovations and helping organizations transition from older methods to more specialized and technologically advanced ones.
• C. By maintaining traditional methods exclusively.
• D. By only focusing on past successes.

Answer 1

Answer:

B. By integrating new innovations and helping organizations transition from older methods to more specialized and technologically advanced ones.

• Management contributes to 'Incorporating Innovations' by acting as the primary agent of change. It is responsible for identifying, adopting, and integrating new ideas, technologies, and methods into the organization's operations. This involves a strategic process of transitioning from older, less efficient methods to more specialized and technologically advanced ones, thereby ensuring the organization remains competitive and adaptive to market changes.