Why don't you need to have an organization (formal company) to innovate new products?
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Why don't you need to have an organization (formal company) to innovate new products?
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- What challenges does a company face in developing new products or services?Being locked into a product or technology is a problem only if such a product can be clearly shown to be inferior to an alternative. Using your understanding of market structure, briefly explain what difficulties there might be in establishing such a case?How will the technology/ solution/ concept affect businesses and / or society? Why is it important formanagers to know about it?
- Why are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?Do we need research on how different businesses use IT?What are some of the challenges of moving from recognizing an opportunity to actually shaping the idea and growing it? What roles do consumers and users play in creative collaborations to innovate new products? Do you need to have an organization (i.e., formal company) to innovate new products? Why or why not? How are companies using patents and copyrights to prevent rather than encourage innovations?
- What role, if any, should IT play in ensuring a company's success?1. What is the importance of products and services in your life? 2. How important are products and services in organization or business ?At what level does a business measure revenue and profitability? At the product/service level, at the business group level, at the organizational level, or all of the above?