Question
Innovation distinguishes between a leader and a follower Steve Jobs New product & service design represents a vital activity to ensure sustainable competitive advantage. Provide
"Innovation distinguishes between a leader and a follower"
Steve Jobs
New product & service design represents a vital activity to ensure sustainable competitive advantage.
Provide your answer to the following questions:
1. How Research & Development activities contributeto productivity improvement and the generation of new products and services?
2. In today's interconnected, global, and "real-time" economy, how do business can leverage technology advancement to sustain the competitive advantage it generates from product and service development?
While developing your answers:
a. Provide a concrete example to illustrate your points.
b. Consider some of the concepts covered in class such as utilization, efficiency, eco-design as well as other concepts such as value creation, customers' involvement among others.
Should not be more than 300 words.
Include at least 2 references.
Look forward to your insightful contribution
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started