Question

Which of the following best describes the MLM theory of innovation?

• A. Maximize output by using least number of resources and benefiting a small number of people
• B. Maximize resource utilization and cost thereby benefit maximum number of people
• C. Minimize output and resource utilization, yet benefit the maximum number of people
• D. Benefit most number of people through least usage of resources and maximum output.
• E. Benefit most number of people through maximum usage of resources and minimizing cost.

Answer 1

The correct option is D

Benefit most number of people through least usage of resources and maximum output.

The most appropriate description of the MLM theory of innovation is which benefits most number of people through least usage of resources and maximum output.