Which of the following is a characteristic of an organization that uses innovation
product/service strategy?
A) The organization prefers to be conservative in its approach to new product ideas.
B) The organization has high standards for success and is not tolerant of failure in
developing products and services.
C) The organization emphasizes strong research and development capabilities.
D) The organization believes in cautiously observing its competition before it introduces a
new product into the market.
C
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If inventory turnover is too slow, a company may be unable to sell goods or it may be understating merchandise inventory
Indicate whether the statement is true or false
Although environmental scanning is a vital source of information, research has shown that headquarters executives of global companies obtain as much as two-thirds of the information they need from:
A) government publications. B) professional publications. C) trade publications. D) census data. E) personal sources.