Class 12 Exam > Class 12 Questions > Identify the third element in the innovation ...
Start Learning for Free
Identify the third element in the innovation process from the given options.
- a)Resource organisation
- b)Commercial application
- c)Implementation
- d)Analytical planning
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Identify the third element in the innovation process from the given op...
The third stage in process of innovation is Implementation. At this stage, the creative idea is given a practical shape through observation, product design, manufacturing or services.
Most Upvoted Answer
Identify the third element in the innovation process from the given op...
Implementation
Implementation is the third element in the innovation process. It refers to the actual execution or carrying out of the innovative idea or concept. This stage involves putting the plans into action and bringing the innovation to life. Here is why implementation is a crucial step in the innovation process:
Key points:
- Execution: Implementation involves the practical steps taken to turn an idea into a tangible product or service. This includes designing, developing, testing, and refining the innovation.
- Resource allocation: During implementation, resources such as funding, manpower, and technology are allocated to support the innovation. Efficient resource management is essential for successful implementation.
- Timeline management: Setting a timeline and adhering to it is important in ensuring that the innovation is launched within a specific timeframe. Delays in implementation can hinder the success of the innovation.
- Feedback and adjustments: Implementation also involves gathering feedback from stakeholders and making necessary adjustments to improve the innovation. Continuous evaluation and refinement are vital for the success of the innovation.
In conclusion, implementation is a critical element in the innovation process as it involves putting ideas into action and bringing innovations to the market. Efficient execution, resource allocation, timeline management, and feedback mechanisms are key components of successful implementation.
Implementation is the third element in the innovation process. It refers to the actual execution or carrying out of the innovative idea or concept. This stage involves putting the plans into action and bringing the innovation to life. Here is why implementation is a crucial step in the innovation process:
Key points:
- Execution: Implementation involves the practical steps taken to turn an idea into a tangible product or service. This includes designing, developing, testing, and refining the innovation.
- Resource allocation: During implementation, resources such as funding, manpower, and technology are allocated to support the innovation. Efficient resource management is essential for successful implementation.
- Timeline management: Setting a timeline and adhering to it is important in ensuring that the innovation is launched within a specific timeframe. Delays in implementation can hinder the success of the innovation.
- Feedback and adjustments: Implementation also involves gathering feedback from stakeholders and making necessary adjustments to improve the innovation. Continuous evaluation and refinement are vital for the success of the innovation.
In conclusion, implementation is a critical element in the innovation process as it involves putting ideas into action and bringing innovations to the market. Efficient execution, resource allocation, timeline management, and feedback mechanisms are key components of successful implementation.
|
Explore Courses for Class 12 exam
|
|
Similar Class 12 Doubts
Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer?
Question Description
Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer?.
Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12.
Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Identify the third element in the innovation process from the given options.a)Resource organisationb)Commercial applicationc)Implementationd)Analytical planningCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.
|
|
Explore Courses for Class 12 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup