Multiple choice

Innovation means

  1. compensation

  2. inspiration

  3. additional perquisites

  4. implementing new ideas or new methods

  5. none of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Innovation in business context means implementing new ideas, methods, or products to create value. It's about creative problem-solving and bringing fresh approaches to existing processes or services. Innovation is crucial for business growth and staying competitive in dynamic markets.