In general, a "better" and not the "best" solution is offered by innovation. True False
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- Hi, i need some help with ciritcally examine the opportunities and challenges presented by reverse innovationOften, innovation involves approaching an existing idea or product from a new perspective to improve it. Explain the four (4) different types of innovation that you study this semester? Explain your answers.In your opinion, do you believe it is theresponsibility of businesses to address theSDGS? Explain your answer.
- Explain the concept of the "innovator's dilemma" in the context of disruptive innovation and its implications for established business models.The most common form of innovation is incremental; however, some innovations are more disruptive and turn the industry upside-down. True or False?How can the push-pull strategy be applied to marketing and sales management in a hypothetical business scenario, and what are the potential benefits and drawbacks of this approach in terms of attracting new customers, increasing sales revenue, and improving brand recognition and loyalty?
- Within the context of shared value, contrast the concept of ‘conventionalwisdom’ with the concept of ‘new thinking’. In your answer: Provide a brief description of shared value;and discuss how the concept of ‘new thinking’ culminates in shared value.Discuss the common steps involved in the innovation process in depth withrelevant references and examples.Describe at least two alternative solutions that you could go to and what you would lose by not being able to implement business analytics.