Impacts of Innovation and Technology on Businesses
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What are the impacts of innovation and technology on business and economy?
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This solution discusses the impacts of innovation and technology on business and the economy.
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Innovation processes enable companies to pinpoint areas that need to be changed/improved and set the necessary goals for achieving that change. The ultimate purpose of innovation is to help the organization gain a competitive edge by revolutionizing its products or services. Good motivational strategies first and foremost involve employee engagement. Employees are the backbone of a corporation. When motivated/empowered, they are capable of going above and beyond assisting the company in reaching its goals of being profitable and providing excellent customer relationship. Another ...
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- BA, Brooklyn College
- MBA/HCM, Phoenix University
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