Answered step by step
Verified Expert Solution
Question
1 Approved Answer
rewrite this like a scholar would, The introduction of new ideas, practices, or products into an organization is referred to as organizational innovation (Demircioglu, 2015).
rewrite this like a scholar would, The introduction of new ideas, practices, or products into an organization is referred to as organizational innovation (Demircioglu, 2015). Demircioglu (2015) states that it typically entails adjustments to the company's operational protocols in order to improve performance, profitability, or competitiveness. Organizational innovation can be sparked by a variety of factors, such as changes to the external environment, technological advancements, or the introduction of new products or services (Demircioglu, 2015). It could also be the result of changes made to the organizational structure or management. Because innovation is inherently risky, organizations may be reluctant to embrace it unless there is a clear need or opportunity. On the other hand, organizational innovation may be a powerful instrument for encouraging growth and elevating performance levels
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started