287. Single largest factor associated with a Business Model Failure is:
- Incoherence with the Business Environment
- Unavailability of regular banking and finance support
- Powerful Competition
- Complacency of the Organization and the team
Correct answer: (D)
Complacency of the Organization and the team
288. Which of the following is correct?
- Japanese manufacturing philosophy focuses on Cost minimization.
- Japanese manufacturing philosophy focuses on innovation.
- Japanese manufacturing philosophy focuses on quality with minimum cost.
- All of the above
Correct answer: (C)
Japanese manufacturing philosophy focuses on quality with minimum cost.
289. Which of the following is important in selection of an idea?
- Novelty of idea
- Ease of implementation of idea
- Impact of idea
- All of the above
Correct answer: (D)
All of the above
290. Which of the following can not be a type of reward for encouraging innovation in your organization?
- Putting a poster mentioning your achievement alongwith your photograph on main notice board of the company
- Giving you a Cash prize of Rs1 million
- Giving you a promotion to some different department or location
- None of the above
Correct answer: (C)
Giving you a promotion to some different department or location