ENT402
Question: Innovation can be broadly classified into … Categories.
Answer: three
Question: Which year did Sekaran defined management as the functional process of accomplishing the goals of the organization through the help of others?
Answer: 1989
Question: The key to the economic recovery is
Answer: innovation
Question: can be described as investment, grants and tax concession that such policies are aimed at encouraging growth and development as well as meeting the welfare needs of the people.
Answer: Subsidies
Question: sees a close association between innovation and marketing, he regarded them as the only true entrepreneurial function.
Answer: Peter Drucker
Question: A major technological inroad into the development in materials management is known as
Answer: J.l.T
Question: Purchasing has how man key variables?
Answer: four
Question: can be referred as making or creation of something new, such as a new way to dye clothes, a new way to sells product or a new form of entertainment.
Answer: Invention
Question: ….. can be referred as transformation of a variety of inputs such as information, people, material and finance to a variety of outputs such as goods, services, customers and employee satisfaction.
Answer: Productivity
Question: …… can be referred to translates the development into final product for the consumer also it focuses on such elements as effective operation, safety, easy maintenance, value for money and aesthetic consideration on satisfying customers needs
Answer: Design Research
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