Q:

The term strategic envelope refers to the scope of innovation efforts of a firm

Ibrahimhamm

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2022-06-26

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Ibrahimhamm

2022-06-26

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TRUE
(Explanation: Firms must have a means to focus their innovation efforts. By defining the strategic envelope, the scope of innovation efforts of a firm, firms ensure that their innovation efforts are not wasted on projects that are outside the domain of interest of the firm. Strategic enveloping defines the range of acceptable projects.)

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