Describe a firm you think has been highly innovative. Which of the four types of innovation...

Describe a firm you think has been highly innovative. Which of the four types of innovation – radical, incremental, disruptive, or architectural – did it use? Explain? Did the firm use different types over time?

Solutions

Expert Solution

Consider a company named APP which is multinational. It serves its customers through different electronic devices, and digital medium. The company APP maintains a chain of retail outlets to sell its core products mainly phones, tablets, and portable media players.

Basically, the firm APP focuses on disruptive innovation, as the company is well reputed in applying new technology. Moreover, the disruptive innovative strategy allows the company to gain a competitive advantage over other firms in the market.

The company APP has used different types of innovation strategies over time. The types of innovation strategies are as follows:

Radical: The Company APP indulges in developing a new revolutionary technology.

Incremental: Being the common form of innovation, the Company has updated versions of its products.

Disruptive: The Company APP applies new technology to its process every now and then.

Architectural: The Company APP applies its technology to the new market, and reintroduces the proven technology.

keosha answered 9 months ago

Next > < Previous

Related Solutions

Think of an innovation in health that has either been successfully diffused or one that has...

Think of an innovation in health that has either been successfully diffused or one that has not. Why do you think the innovation was (or was not) adopted? Discuss this in terms of attributes of the innovation, the adopters, or the method used to make the diffusion happen.

Name one innovation in the field of civil engineering that you think has been developed creatively....

Name one innovation in the field of civil engineering that you think has been developed creatively. Justify why you think this innovation can be considered creative.

Describe four innovative bond types, and explain why were they created and how these bonds works?

How can a company encourage innovation? Give several examples of companies that have been innovative. The...

How can a company encourage innovation? Give several examples of companies that have been innovative. The answer should include introduction,body and conclution in 350 words.

How can a company encourage innovation? Give several examples of companies that have been innovative. plaese...

How can a company encourage innovation? Give several examples of companies that have been innovative. plaese the answer must be with interduction,body and coclution withe 400 words.

An investment in the “techstar” has been highly volatile over the past four years. An initial...

An investment in the “techstar” has been highly volatile over the past four years. An initial investment of $10,000 increased to $25,000 at the end of the 1styear, increased to $35,000 by the end of the 2nd year, fell to $5,000 at the end of the 3rdyear, and recovered to $10,000 by the end of the 4thyear. Calculate the arithmetic and geometric returns over the last four years. Which measure of performance is more appropriate to use when analyzing past...

Analyze the different approaches to innovation discussed in this chapter to determine which approach you think...

Analyze the different approaches to innovation discussed in this chapter to determine which approach you think would be the greatest value to the greatest number of organizations. Explain your rationale. Create one innovative approach that is not discussed in the textbook for increasing the amount of innovation within a large company. Describe this approach in detail and explain how companies could benefit from it.

Can you think of Any financial innovation in the past 10 years that has affected you...

Can you think of Any financial innovation in the past 10 years that has affected you personally? Has it made you better off or worse off? Why?

Borins presents three ideal types of innovation in the public sector. Describe the ideal type you...

Borins presents three ideal types of innovation in the public sector. Describe the ideal type you think is found most in the public sector. Why do you think these three ideal types of innovation are not found more often in the public sector?

Describe a scenario in which there are both highly favorable and highly unfavorable variances. Be sure...

Describe a scenario in which there are both highly favorable and highly unfavorable variances. Be sure to include the actual and standard costs in your scenario. Analyze how and why you, as a manager, would prioritize the variances for analysis and how knowing these variances might help you improve efficiency.

Subjects