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Innovation Essays

Why Organizations Seek Opportunities for Innovation

Innovation is one of the survival skills that most organizations have embraced in the current competitive world businesswise. Innovation is integrated both in culture and the organization’s business strategy. Over the years, as time has been advancing, organizations have noted changes in how processes operations happen. Different organizations adopt the technology due to various advantages ... Read More
Pages: 3       Words: 619

Alibaba Innovations and Sustainable Development

It is always a concern for every business to lay down appropriate strategies to enhance sustainable growth and remain competitive within the market. Among the strategies by companies in the wink of expansion is acquisition. For instance, the case of Amazon in acquiring Whole Food was completed to expand to the other markets and compete ... Read More
Pages: 6       Words: 1393
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Managing Innovation in Business

1. Executive Summary The report is about the company’s innovation through its strategic measures to address multiple issues affecting Audi’s products and operation. The focus of the business includes its market, trends, and new and advanced technologies. The current study on the Audi utilizes the MVIS model of innovation, examining the three problems that identify ... Read More
Pages: 12       Words: 3201

4 Reasons Why Entrepreneurial Organizations Seek Opportunities for Innovation

Innovation is one of the most critical components of any successful entrepreneurial organization. Companies should develop creative ideas if they want to survive in this competitive environment. They must be innovative to stay ahead of the competition and attract customers. According to Purcell (2019), the success of any business organization depends mainly on its ability ... Read More
Pages: 3       Words: 669
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