The right sequence in the innovation process is as follows.
A. Organising resources
B. Commercial application
C. Analytical plannings
D. Implementation
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is option (2) - C, A, D, B
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.
