Developing Innovation System in Food Industry: Coffee Vile Analysis

This report focuses on researching and developing an innovation system for Coffee Vile, a company operating in the food sector. It emphasizes the importance of adopting new ideas and techniques to enhance business operations, increase sales, and improve customer satisfaction. The report highlights that understanding and addressing customer needs is crucial for attracting consumers and maintaining a competitive edge. The report suggests innovative ideas such as offering unique sandwich options to cater to a broad customer base. By implementing suitable innovation strategies, Coffee Vile can differentiate itself in the market, attract more customers, and achieve sustainable business growth. The document concludes with a list of references.

Research and Develop an Innovation
System

INTRODUCTION
Innovation refers to accept new ideas and techniques in the
business. Coffee Vile is operating its activities in the food
segment and it can use the innovative ideas in the business so
that the sales can be increased and customer satisfaction can be
done.

Out comes of opting the Innovation in
the business
 The above mentioned report has described about the new and innovative
ideas which can be used by the company in the food segment.
 It has been described that the customers are the most important part for the
organisation so their needs and requirements must be addressed.

Continued..
 If the products will be provided as per the need of the consumers then they
will feel prevailed and will attract towards the entity.
 The sandwiches are the most common snacks which can be used by the
corporation as a innovative tool so that every age group person can eat them.

Continued..
 The marker can be grabbed by providing unique products and this can be
done with a most suitable innovation idea.
 The innovation is the requirement of the business activities and this can help
in attracting more customers.

References...
Boons, F. and Lüdeke-Freund, F., 2013. Business models for sustainable
innovation: state-of-the-art and steps towards a research agenda. Journal of
Cleaner Production, 45, pp.9-19.
Chesbrough, H. and Schwartz, K., 2007. Innovating business models with co-
development partnerships. Research-Technology Management. 50(1). pp.55-59.
Crawley, G. M. and O'Sullivan, E., 2007. How to Write a Research Proposal and
Succeed.
Klerkx, L. and Leeuwis, C., 2009. Establishment and embedding of innovation
brokers at different innovation system levels: Insights from the Dutch
agricultural sector. Technological forecasting and social change. 76(6). pp.849-
860.

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