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what is the advantage and disadvantage in product innovation and design​

Sagot :

Answer:

Earning higher revenue: Increasing a company's sales and profits. Inspiring future creativity: Encouraging new ideas from employees and competitors to continue innovating. Reducing costs: Saving money spent on product manufacturing or other businesses related expenses through process improvement ADVANTAGE po yan

Disadvantages po itoVery costly and time consuming.

Businesses can run out of money if they invest too much and don't get products to market quickly enough.

End up wasting resources by developing something that doesn't sell