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4. Do you think creating a business
opportunity leads to product/service
innovation? Why?
4​

Sagot :

aljaycuello27

Answer:

Use innovation to grow your business

The successful exploitation of new ideas is crucial to a business being able to improve its processes, bring new and improved products and services to market, increase its efficiency and, most importantly, improve its profitability.

Marketplaces - whether local, regional, national or global - are becoming highly competitive. Competition has increased as a result of wider access to new technologies and the increased trading and knowledge-sharing opportunities offered by the Internet.

This guide explains how you can make innovation a key business process and outlines the different approaches you can take. It gives you advice on planning for innovation and creating the right business environment to develop your ideas. It also outlines the help and support available to innovative businesses.

The business case for innovation

Approaches to innovation

Planning innovation

Encourage innovation in your business

Funding innovation

Explanation:

Hope it's help

marcellaclarin

Answer:

yes

Explanation:

because it can give you an ideas and creativity and know how to market your product and your businesses

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