Drucker’s seven sources of innovative opportunities are of equal complexity, probability of success, risk, and predictability. Group of answer choices True False
Question
Drucker’s seven sources of innovative opportunities are of equal complexity, probability of success, risk, and predictability. Group of answer choices
True
False
Solution
False
Drucker's seven sources of innovative opportunities vary in complexity, probability of success, risk, and predictability. Some sources, like process needs or incongruities, might be more predictable and less risky because they are based on existing operations or discrepancies within the organization. Others, like changes in industry structure or demographic changes, might be more complex and unpredictable because they are influenced by external factors. The probability of success can also vary depending on the specific opportunity and how well it is exploited.
Similar Questions
Drucker's second set of sources for innovative opportunity involves changes outside the enterprise or industry Group of answer choices True False
How did Drucker (2002) term a source of innovation that is difficult to manage, volatile, and unpredictable? Group of answer choices Unexpected occurrences. Changes in market and industry structure. The incongruous. New knowledge.
Amongst the seven sources of innovation, some areas are inherently more important or more productive than others. Group of answer choices True False
Innovative opportunities arising from ……... is the source that is most dependent on market forces. Group of answer choices Unexpected occurrences. Changes in market and industry structure. Social, technical, and scientific knowledge Changes in mood, perception, and meaning. Demographic changes.
The internal sources of innovation as proposed by Drucker (2002) include Group of answer choices Process requirements, inspiration, changes in market and industry. Structural changes in market and industry, process requirements, difference between actual and assumed reality, unplanned success. Incongruity, unexpected failure, unexpected disaster. Difference between actual and assumed reality, unexpected incidences, process requirements, structural changes in market and industry.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.