What are the key stages involved in an innovation process? and what are the characteristic sets of activities which take place at each stage? how could such an innovation process look for:

a fast-food restaurant chain?
an electronic test equipment maker?
a hospital?
an insurance company?
a new entrant biotechnology firm?

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answer; sensory adaptation;