Innovation and Change
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Prepare a summary listing and defining at least 4 reasons why entrepreneurial organizations seek opportunities for innovation.
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Solution Summary
The solution prepares a summary listing and defining at least 4 reasons why entrepreneurial organizations seek opportunities for innovation.
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Improves efficiency - http://www.suite101.com/content/innovation-or-efficiency-a35190
Companies need to have efficient operations to make money. While the most important thing a business does is make money, it must have efficiency to do so. When a company finds new and innovative ways to be efficient, it is maintaining their ability to be profitable.
Creates differentiation - http://www.referenceforbusiness.com/management/Bun-Comp/Competitive-Advantage.html
To be successful a business must provide ...
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