Question

Which of the following statements is true regarding innovation in organizations?A) Organic structures negatively influence innovation.B) Interunit communication is low in innovative organizations.C) Short tenure in management is associated with innovation.D) Innovation is nurtured when there is an abundance of resources.E) Innovative organizations reward both successes and failures.

Answer 1

Answer:  Option E                                                                    

Explanation: In simple words, innovation refers to the process under which a task can be done in a new and efficient manner.

Business organisation that focuses on innovation always struggle to keep learning so that they can make their business more efficient by using new methods. Innovation can help an organisation to to make a competitive advantage in the market.

Innovating firms celebrates both success and failures as both if it will eventually lead to a lesson for them.