Asked by Bella Carranza on Apr 26, 2024
Verified
The innovation process is not complete until
A) an idea has been created.
B) an estimate of the idea's anticipated costs and benefits has been completed.
C) the test-retest procedures have been completed.
D) final application has been achieved.
E) an estimate of the idea's value and potential has been completed.
Innovation Process
The series of steps involved in developing and implementing new ideas, products, or services, typically including ideation, validation, development, and commercialization.
Idea's Value
The intrinsic or perceived worth of an idea, based on its potential impact, innovation, and usefulness.
Final Application
The ultimate or last in a series of steps, processes, or applications, often implying a conclusion or end result.
- Learn about the phases and essential features of the innovation journey.
Verified Answer
ZJ
Zainab JasimApr 29, 2024
Final Answer :
D
Explanation :
Final application is the ultimate goal of the innovation process where the idea is fully implemented and realized. While creating an idea, estimating costs and benefits, and testing and retesting the idea are all important steps in the innovation process, they do not necessarily complete the process. Similarly, estimating the idea's value and potential is valuable but not sufficient for completing the innovation process.
Learning Objectives
- Learn about the phases and essential features of the innovation journey.