1) Many companies develop various strategies that are meant to increase productivity and sour innovation. Storey, Cankurtaran, Papastathopolou & Hultink 2015).Different factors influnce a firm's success when it comes to change. Which one of the factors below does not influence a firm's success?

A) All types of innovation

B) Disruptive innovation

C)Innovation that is directed towards enhancing competence

D) All of the above

2) In product and service innovation, profitability is one of the major concepts that managers put into considerations. In simple language what is product profitability?

A) Establishing strategies that allow an organization to improve product quality, which increases the company profit.

B) Developing high-quality products

C) Implementing policies that are meant to increase the company's reputation.

D) increasing profits

3) In the modern world, all firms should adopt innovation strategies so that they could increase their relevance in the market. innovation is described as the key growth and competitive advantage, which attracts shareholders in the long run. Which of the following would not be considered this type of change

A) Architectural innovation

B) Radical innovation

C)Communication innovation

D) All of the above

4) While implementing new policies, communicating data is the major challenge for a majority of multinational firms. What is the fundamentals problem of knowledge transfer?

A) Transferring explicit knowledge across borders

B) Transferring tacit and explicit knowledge across borders

C) Transferring tacit knowledge across borders

D) All of the above

5) According to Slack,Brandon-Jones, and Johnston(2016), when developing innovation strategies, outsourcing is one of the primary considerations that companies should make before creating the final plan. Outsourcing of innovation globally is more comfortable in case

A) Changes are systemic and autonomous

B) Service sector firms make innovations

C) Innovations are made systemically and autnomously

D) All of the above

6) For an organization to remain competitive in the dynamic market, it should maintain superior value by developing those products and services that customers prefer more. ( Ettlir & Rosenthal, 2014) Ultimately, they can be improved through innovation. Which one is not a function of change?

A) Increasing output through the adoption of new ways of production.

B) Finding ways to increase products' demand through the implementation of new marketing strategies

C) Establishing companies overseas

D) None of the above

7) Consequently, the majority of organizations face challenges while introducing new policies that are directed towards increasing awareness about innovation. What is one of the major problem that firms encounter while implementing innovation strategies?

A) Resistance from employees to adopt new policies.

B) Prioritizing and selection of the most promising innovation strategy

C) Construction of organization alignment required for successful excution

D) All of the above

8) Product and service innovation is a trending topic, and many academicians and scholars conduct research to describe this phenomenon. There are many sides that innovations touches changes, including business strategies, entrepreneurship, and organizational culture. Which one definition below would be considered a corporate culture?

A) The company's fundamental belief that outline the features of the organizational, social, and psychological environment.

B) The mission, vision, and goals of an organization

C) The process of developing ententrepreneurial features as well as the philosophy of the organization

D) All of the above