Solved

Which of the Following Statements Is Not True About Innovation

Question 16

Multiple Choice

Which of the following statements is not true about innovation?


A) Innovation as a competitive weapon can simultaneously create and destroy value.
B) Successful innovation allows a firm to extract temporary monopoly profits.
C) Innovation has to be high-tech in order to be a potent competitive weapon.
D) Process innovations are made possible through advances such as the Internet.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions