GK
INVENTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the creation of something new
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the improvement of something that already exists
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the creation of something old
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changing something that does not yet exist
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Detailed explanation-1: -Innovation is the process of taking something that already exists and making it better – whether it’s a product, a service, or even a process. It can be as simple as making a small change or as complex as completely overhauling an entire system.
Detailed explanation-2: -Innovation can also be explained as s new idea, product, device or novelty. It is a mind-set, a way of thinking beyond the present and into the future. Innovations is important for companies and when used well it can be a process, strategy and management technique (Kuczmarksi, 2003).
Detailed explanation-3: -What does innovation mean? Innovation can refer to something new, such as an invention, or the practice of developing and introducing new things. An innovation is often a new product, but it can also be a new way of doing something or even a new way of thinking.