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Assessing innovation key terms
Study Assessing innovation with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
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key terms
Resource type
Topic
Assessing innovation
Key terms
innovation
innovation is a Business concept used to analyse Explain pressures for innovation and distinguish product innovation from process innovation.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Innovation strategy
Innovation strategy should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
innovation decision
innovation decision affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
innovation
innovation is a Business concept used to analyse Evaluate ways of becoming innovative including Kaizen, research and development, intrapreneurship and benchmarking.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Innovation strategy
Innovation strategy should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
Kaizen
Kaizen affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
innovation
innovation is a Business concept used to analyse Explain how patents and copyrights protect innovation and intellectual property.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Protecting innovation
Protecting innovation should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
patents
patents affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
innovation
innovation is a Business concept used to analyse Analyse the impact of innovation strategy on functional areas of a business.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Protecting innovation
Protecting innovation should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
innovation strategy
innovation strategy affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
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