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When is innovation considered useful and not just a new idea?

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Answer and explanation

Correct answer: When it solves a real problem and can be adopted

Innovation creates practical value when it addresses a genuine need and users can understand, obtain, and use the solution. Novel appearance alone does not guarantee usefulness, and ignoring cost or adoption makes implementation difficult. Therefore the combination of solving a real problem and being adoptable in A is the correct criterion.

Tags

innovationproblem-solvingEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

When it solves a real problem and can be adopted

Why is this the correct answer?

Innovation creates practical value when it addresses a genuine need and users can understand, obtain, and use the solution. Novel appearance alone does not guarantee usefulness, and ignoring cost or adoption makes implementation difficult. Therefore the combination of solving a real problem and being adoptable in A is the correct criterion.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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