Innovation comes from identifying customer's need and providing solutions that meet those needs. Give any example of a products/service that needs innovation that will provide a solution to a customers want and needs
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- identify a problem or need in the market that is currently unmet or underserved. Brainstorm innovative solutions that could address the identified problem or need.There are many ways to look for ideas. We are told to read a lot, talk to people, and consider such questions as: What limitations do you think exist in current products and services? What would you like that is not available? Are there other uses for new technology? What are innovative ways to use or to provide existing products? In Australia in 1996, two entrepreneurs founded Aussie Pet Mobile Inc. to bring petbathing and grooming to busy people’s homes. It is now a top U.S. franchise business. Do you think society changing with likes and dislikes? What groups have unfulfilled needs? What about people’s perceptions? Growing demand for healthy snacks created many business opportunities in the United States, for example.Hi, i need some help with ciritcally examine the opportunities and challenges presented by reverse innovation
- Identify ten (10) products and/or services you are using that require modifications, upgrades, or improvements to further benefit the society and to take advantage of the new technologies. Be able to discuss the improvements/upgrades of the product. Please follow the template on how you write your answers: 1. Product/Service 1 - explain how is the existing product or services operate or function. Proposed improvement - discuss here how your revised product/service should operate or function. You may insert the design of your proposed product.Which of the following is the most compelling reason for diversifying into a new business? The entry barriers for this new business are low The company has a corporate advantage when it enters this new business Five forces analysis suggests that the industry is attractive The new business is unrelated to its existing businessesA company in the consumer electronics industry is experiencing a decline in its market share due to increased competition and changing consumer preferences. The company's products, once popular, are now losing traction in the market. Why should the company do PRODUCT INNOVATION AND DIFFERENTIATION? Intro Body Conclusion Please give a real-life example
- FAST PLZ 22-Which information is presented by an organization chart? The company's future plan The company's functional departments The company's mission and vision The company's shareholdersSelect one of the industries mentioned in the case (sales and service, education or health care) and discuss THREE (3) features of mobile phones you would consider to fit the category of being above and beyond the basic characteristics of mobile phones. The discussion should include an explanation and relevance of each feature. The feature(s) you choose to consider must not be stated in this document (These requests comprised features above and beyond the basic characteristics of mobile phones, such as Wi-Fi or cellular access to the internet or a Bluetooth connection to another device; a battery that powers the device; a physical or on-screen keyboard; touchscreen interface; a virtual assistant, such as Siri, Cortana, or Google Assistant; the ability to download data from the internet or another device and wireless operations.)Type the correct answer in the box. Spell all words correctly. Which business model sells goods or services to buyers who then resell or use them for business purposes? The sell goods or services to buyers who then resell or use them for business purposes.
- Please help.If a company seeks to be unique in a fashion segment of a footwear manufacturing industry, effectively communicates the value to the buyers, it apples the following strategy: cost leadership diversification differentiationA marketing plan may be included as part of a larger business plan. A solid marketing strategy is the foundation of a well-written marketing plan that will allow goals to be met. While a marketing plan contains a list of actions, it is useless to a business without a solid strategic foundation. The marketing plan will assist in determining who the target market is, the best way to reach them, the price point at which the product or service should be sold, and how the company will measure its efforts. Construct a marketing plan for your organization using marketing model canvas.