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MPU3242 - INNOVATION MANAGEMENT

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Organizational

infrastructure includes the vision, mission and objectives of the 

organization.

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The rise of

Industrial Revolution (IR 4.0) technologies can result in an opportunity to 

be innovative.

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In order to

develop a new concept, we need to identify resources from both inside 

and

outside of the organization.

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Creativity

makes it possible for a manufacturer to make the same products as the 

competitors’ products.

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Ideas

can be illustrated in the form of sketches and drawings.

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A product

lifecycle can be extended if the company keep making a(an) _______ type of 

innovation.

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Usage of

social media such Facebook, Youtube, Linked in and Twitter in promoting your 

product are examples of __________ innovation.

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A product family means:

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Explain

why Breakthrough Products seldom occur?

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An organization

with a new ____________ innovation will capture new market segments.

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