My Learning Cart

In the context of entrepreneurship, what does 'innovation' refer to?

Practice Questions

Q1
In the context of entrepreneurship, what does 'innovation' refer to?
  1. The process of managing existing products
  2. The introduction of new ideas or products
  3. The reduction of business risks
  4. The expansion of market share

Questions & Step-by-Step Solutions

In the context of entrepreneurship, what does 'innovation' refer to?
  • Step 1: Understand that 'innovation' means coming up with something new.
  • Step 2: Recognize that in entrepreneurship, this can be a new idea, product, or way of doing things.
  • Step 3: Know that innovation is important because it helps create value, which means it can improve people's lives or businesses.
No concepts available.
School
School
College
College
Degree
Degree
Competitve
Competitve
Skills
Skills
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely