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Assessing innovation
Students analyse product and process innovation and ways to become innovative.
0
Objectives
10
Flashcards
10
Questions
90 min
Study time
AqaA LevelBusinessStrategic methods: how to pursue strategies
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Syllabus checklist
What you need to know
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Innovation strategy2 objectives
- Explain pressures for innovation and distinguish product innovation from process innovation.
- Evaluate ways of becoming innovative including Kaizen, research and development, intrapreneurship and benchmarking.
Protecting innovation2 objectives
- Explain how patents and copyrights protect innovation and intellectual property.
- Analyse the impact of innovation strategy on functional areas of a business.
Key terms
innovationInnovation strategyinnovation decisionKaizenProtecting innovationpatentsinnovation strategy
Exam tips
- Innovation strategy exam tip 1: Write the method before the answer so the examiner can follow each step. Apply this to explain pressures for innovation and distinguish product innovation from process innovation..
- Innovation strategy exam tip 2: State the exact concept or formula you are using before substituting values. Apply this to explain pressures for innovation and distinguish product innovation from process innovation..
Common mistakes
- Innovation strategy common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Innovation strategy.
- Innovation strategy common mistake 2: Name the relevant value or feature from the question and explain how it is used. Apply this directly to Innovation strategy.
Practice preview
- Explain how you would explain pressures for innovation and distinguish product innovation from process innovation. in the context of Assessing innovation.
- Describe one business decision or mechanism that helps you explain pressures for innovation and distinguish product innovation from process innovation..
- Explain how you would evaluate ways of becoming innovative including Kaizen, research and development, intrapreneurship and benchmarking. in the context of Assessing innovation.
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