1. Which kind of people tend to be more innovative in a given field: those who are knowledgeable...
Question:
1. Which kind of people tend to be more innovative in a given field: those who are knowledgeable or those who are inexperienced in the field? Why?
2. Can any company go global? Why or why not?
3. What do you think determines how a company decides to structure itself?
Business Innovation:
Business innovation involves coming up with new ideas for addressing the challenges affecting companies and consumers. Some innovations allow businesses to reduce the cost of production, maximizing profits as a result. On the other hand, innovative solutions to consumer needs make for satisfied customers, eventually leading to increased market share.
Answer and Explanation:
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View this answerPeople who are more knowledgeable are the most innovative since they have a wealth of problem-solving information. Their experience prepares them to...
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Chapter 3 / Lesson 5Learn about business organization structure and understand how it works. Study business entity examples and see the types of business organizational structures.
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