Match List I with List II

Choose the correct answer from the options given below:

A-IV, B-III, C-II, D-I

The correct answer is option (4) - A-IV, B-III, C-II, D-I

Elements in the innovation process:

Analytical planning: Carefully identifying the product or service features, design as well as the resources that will be needed.

Resource organization: Obtaining the required resources, materials, technology, human or capital resources. 

Implementation: Applying the resources in order to accomplish the plans and delivering results.

Commercial application: The provision of value to customers, reward employees, and satisfy the stake holders.