Innovation and Business Survival

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Added on 2020/12/09

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This assignment delves into the crucial role of innovation in ensuring a company's continued success within the market. It examines how businesses utilize past innovations to generate new ideas, and how the adoption of new technologies can drive improvements in production, profitability, market growth, and customer loyalty. The importance of innovation for future business strategies is highlighted, particularly in developing and launching successful products. Additionally, it discusses key activities that businesses employ to identify novel products and services.

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Innovation and Business Survival

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