Question 94

Given below are two statements
Statement I : "Innovation defined as the creation or the adoption of new ideas, products,services, programs, techno logy, poli cy, structure or new administrative system is acknowledged as a source of sustained competitive advantage of many organisations
Statement II: The innovation adoption process does not depend upon ' In itiation stage' that includes recognition of a need, knowledge acquisition, Initial attitude formation and innovation selection.

In the light of the above statements, choose the correct answer from the options given below:


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