How can a company develop innovative products and services?
Question:
How can a company develop innovative products and services?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
Developing innovative products and services is essential for companies to stay competitive meet evolving customer needs and drive growth Here are several strategies and approaches that companies can u...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Management Accounting Information For Decision Making And Strategy Execution
ISBN: 9780273769989
International 6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Question Posted:
Students also viewed these Business questions
-
The material gain of an optical amplifier has a parabolic shape with the FWHM bandwidth of f = 30nm. Neglect gain saturation effect for simplicity, find the optical bandwidths when the peak optical...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Read and answer the question below. EMBRACE DEMOGRAPHICS AND SOCIETAL CHANGES Using Differences to Drive Value Force 7: Demographics and Societal Changes. One of the most important forces that is...
-
On the income statement for the year ending December 31, Y1, the accountant for ABC calculated operating income before taxes of $300,000. This $300,000 did not include the effect of any of the...
-
A plastic film moves over two drums. During a 4-s interval the speed of the tape is increased uniformly from v0 = 2 ft/s to v1 = 4 ft/s. Knowing that the tape does not slip on the drums, determine...
-
The MediQuick lab has three lab technicians available to process blood samples and three jobs that need to be assigned. Each technician can do only one job. The following table represents the labs...
-
Carmex is dedicated to providing consumers with superior lip balm formulasthat heal, sooth and protectwhile ensuring lips remain healthy and hydrated, exclaims Paul Woelbing, president of Carma...
-
Match the selected sections of IASB-proposed statement of financial position (letters) with their respective components (numbers). a. Short-term assets b. Long-term assets c. Short-term liabilities...
-
You expect the inflation rate to be 1.5 percent and the U.S. Treasury bill yield to be 1.8 percent for the next year. The risk premium on small-company stocks is 9.2 percent. What rate of return do...
-
When is the opportunity cost of a capacity equal to zero?
-
Briefly state the broad objectives that must be taken into consideration by an organization that chooses to offer a customer solutions value proposition.
-
Broussard Skateboard's sales are expected to increase by 15% from $8 million in 2013 to $9.2 million in 2014. Its assets totaled $5 million at the end of 2013. Broussard is already at full capacity,...
-
Alvarado Company produces a product that requires 5 standard direct labor hours per unit at a standard hourly rate of $12.00 per hour. If 5,700 units used 29,400 hours at an hourly rate of $11.40 per...
-
7. (30 points) You are a teaching assistant (TA) for a new course in the department and you wish to measure the amount of time that students spend engaging with the online resources. Using the Canvas...
-
Mod Clothiers makes women's clothes. It costs $28,000 to produce 5,000 pairs of polka-dot polyester pants. They have been unable to sell the pants at their usual price of $50.00. The company is...
-
In a mid-sized manufacturing company, the annual financial statements were prepared for audit by an external auditing firm. The company\'s finance team had diligently compiled the financial data, and...
-
Explain the meaning of the SMART acronym. In 100-200 words, define what the words "goal" and "success" mean to you. Summarize your thoughts on whether or not the SMART model can help you become a...
-
Compare the promotional materials from two competitive (small) businesses. What are the goals and objectives of the promotions? How well do you think they fulfill these objectives?
-
Provide an example of an aggressive accounting practice. Why is this practice aggressive?
-
Suppose the S&P 500 currently has a level of 960. One contract of S&P 500 index futures has a size of $250 S&P 500 index. You wish to hedge an $800,000-portfolio that has a beta of 1.2. (A)In order...
-
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during...
-
Haley is 57 years of age. She is planning for future long-term care needs. She knows that yearly nursing home costs in her area are currently $69,000, with prices increased by 5 percent annually....
Study smarter with the SolutionInn App