Which of the following is an example of innovation in management?

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ARepeating traditional methods without change

BUsing only manual processes

CIgnoring changing business environments

DIntroducing new methods and creative problem-solving to improve efficiency

Answer:

Innovation in management refers to creating new methods, novel practices, and creative solutions that enhance an organization's efficiency, adaptability, and competitiveness

Related Questions:

Identify the false statement regarding the principles of quality management.

Factual Approach to Decision-Making: Decisions should be based on data and information to ensure they are well-informed.
Involvement of People: Employees at all levels are essential for innovation and creativity.
Continual Improvement: The primary goal of continual improvement is to maintain the status quo and avoid change.
Process Approach: Managing activities as a coherent process leads to better resource utilization and consistent results.

Consider the following statements: Which is/are correct?

Harmony not discord means complete harmony between management and workers with a mental revolution.
Cooperation, not individualism, is an extension of Harmony not discord.
Taylor believed competition between management and workers leads to maximum efficiency.
Management sharing gains with workers is part of Taylor’s philosophy.

According to the Systems Approach, how does feedback function within an organization?

Feedback is a one-way communication channel that only informs the external environment about the organization's performance.
Feedback serves as an information loop connecting outputs back to inputs, enabling necessary adjustments.
Negative feedback is ignored as it does not contribute to organizational improvement.
Customer satisfaction surveys are an example of feedback that helps refine production processes.