Role of Innovation in the Business Position

Role of Innovation
in the business
position
Student Name
Student Number

Industry Partner
• Innovation plays an vital role in the current era
hence organization consider it in the business
process and increase their growth (Adams et al
2016).
• Innovation could improve the efficiency of
organization as well as the employee.
• The current organization considered it as an
imperative tool and improve the business growth
(Asrar-ul-Haq and Anwar 2016).
• It is also founded that the innovation has
increased the business growth rate of the
organization.

Research Problem
In the current era, it is mandatory for the organization
to gained their understanding about certain factors
named as Improving the abilities of the workforce
Make improvement in the process of effectiveness,
Make network, and Financial Assessment due to make
innovation in the business process and increase their
position in the marketplace (Baker et al 2016).

Research Aim
• This study is emphasized on evaluating the
role of innovation in the business position.
The following objectives will be meeting by
the researcher to meet the research issue:
• To comprehend the meaning and concept of
innovation
• To critically evaluate the role of innovation in
the business position
• To recommended strategies for improving the
business position