Flashcards on Business Protection, Innovation, and Creativity
Business Protection, Innovation, & Creativity: A Student Guide
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Business Innovation
4 cards
Card 1
Question: What phrase suggests that innovation is a key factor separating leaders from followers in business?
Answer: "Innovation distinguishes a leader and a follower from one another."
Card 2
Question: According to the content, what two elements are implied to help Apple be a leader in technology?
Answer: Creativity (innovation) and hard work.
Card 3
Question: What decision approaches are contrasted in the content regarding taking action?
Answer: Postponing (equilibria) versus just doing it (taking immediate action).
Card 4
Question: What is the implied relationship between taking immediate action and innovation in business?
Answer: Immediate action ('just do it') supports innovation and leadership, whereas postponing can maintain the status quo.