B Com Exam  >  B Com Questions  >  What does the term "open innovation"... Start Learning for Free
What does the term "open innovation" refer to in the context of MNEs?
  • a)
    MNEs only rely on their internal resources for innovation.
  • b)
    MNEs exclusively collaborate with domestic firms for innovation.
  • c)
    MNEs actively seek external sources of knowledge for innovation.
  • d)
    MNEs avoid any form of collaboration for innovation.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What does the term "open innovation" refer to in the context...
"Open innovation" in the context of MNEs refers to the practice of actively seeking external sources of knowledge and collaboration for innovation. This approach contrasts with the traditional closed innovation model that relied solely on internal resources.
Explore Courses for B Com exam
What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer?
Question Description
What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer?.
Solutions for What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What does the term "open innovation" refer to in the context of MNEs?a)MNEs only rely on their internal resources for innovation.b)MNEs exclusively collaborate with domestic firms for innovation.c)MNEs actively seek external sources of knowledge for innovation.d)MNEs avoid any form of collaboration for innovation.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev