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    Innovation and Change

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    Prepare a summary listing and defining at least 4 reasons why entrepreneurial organizations seek opportunities for innovation.

    © BrainMass Inc. brainmass.com June 4, 2020, 1:29 am ad1c9bdddf
    https://brainmass.com/business/differentiation-strategies/innovation-change-403740

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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 ...

    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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