Question

Write article to depict the f types of innovations using ONE example type of innovation. The article must consist of: i. An introduction section to explain innovation and the basic types of innovation. ii. the narrative must clearly show why the case shown is considered an innovation and why it is considered a basic innovation. iii. A summary section to conclude your article by discussing the type of innovation that you would target for your organization or business (with the reason).

Answer 1

An innovative or better commodity or procedure (or a uniting connected) that differentiate importantly from the unit’s last merchandise or process and that has been made at hand to interested buyers (product) or conduct into utilize through the part (system). Different Types of Innovation: Organizational Innovation: Organizational innovation states to the growth of a new organizational plan that will somehow innovate a firm’s business strategies, as well as the method its concern is planned and its relation with outer stakeholders. Process Innovation: Process innovation is all about applying an innovative or better manufacturing or dispatch reach, involving chaa ngusen operational ways, the ways utilized, and the tools or software. Product Innovation: Product innovation is the basis of an innovative or better commodity or service. These innovations or change may have to do with better technical statements, the ways or the software utilized, or even new on UX (user experience). Marketing Innovation: Marketing innovation means growing an innovative trading plan that manufactures change in, for instance, the method a product is packed.