Directions (Next 10 questions) : In the given passage, there are blanks, each of which has been numbered. Against each, five words are suggested, one of which fits the blank appropriately. Find the appropriate word in each case.
…(91)… it innovation on steroids, an innovation at warp speed or just the innovation of rapid an innovation. But the essential point remains. Technology is …(92)… innovation at its core, allowing companies to test new ideas at speeds and prices that were …(93)… even a decade ago. They can stick feature on web sitses and tell within hours how customers respond.
They can see results from in-store promotions, or efforts to boost process productivity, almost as quickly. The …(94)…. ? Innovation initiatives that used to take months and megabucks to coordinate and launch can often be started in seconds, for cents.
And that makes innovation, the lifeblood of growth, more ….(95)… and cheap. Companies are able to get a much better idea of how their coustomers behave and what they want. This gives new offerings and marketing efforts a better shot at success. As a result, companies will also be …(96)… to try out new things because the price of failure is culture making it easier to challenge accepted wisdom, for instance and forcing managers to give more employees a …(97)… in the innovation process. There will be even better payoffs for customers, their likes and dislikes will have much more ….(98)… on companies’ decisions. In globally competitive markets, they will ultimately end up getting products and services better …(99)… to their needs. Already, this powerful new capability is …(100)… the way some of the biggest companies in the world do business, inspiring new strategies and revolutionizing the research-and-development process.
