Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
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Chapter 10.4, Problem 10.3LR
Summary Introduction

To determine: The kind of innovation that could be bought in the electric toothbrush.

Introduction:

A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs.A company gets new productsin two ways. One is acquisition and another one is developing a new product.

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What are the standards that can be followed when it comes to successful innovation?
Select an organization from the following list – that you feel demonstrates sustained innovation. Find information about the organization – you may wish to interview employees, or do some primary-source research about the organization (e.g. through company reports). It is okay to focus on only one innovative aspect of an organization which, in other respects, is not innovative. Describe what identifies that organization or part of that organization as innovative in your estimation. Write a formal paper describing what contributed to that organization being innovative. Identify underlying concepts, techniques, and processes that sets this innovative organization apart from other similar organizations. Provide hypothetical arguments or generalizations as to why you feel this organization is innovative, based on both the innovative blocks they avoid and the organizational attributes they demonstrate. Your paper should be 1,000 words, excluding the title page and reference page. The paper…
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