The interpretation with respect to philosophy of company posted on the doors of the studio of UA. Introduction: Innovation refers to the process wherein invention or idea are translated into services or good for which customer will pay or that creates a value. An idea must satisfy a particular need and should be replicable at an economical cost in order to be called as an innovation.

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Chapter 7, Problem 16DQ

Summary Introduction

To determine:

The interpretation with respect to philosophy of company posted on the doors of the studio of UA.

Introduction:

Innovation refers to the process wherein invention or idea are translated into services or good for which customer will pay or that creates a value. An idea must satisfy a particular need and should be replicable at an economical cost in order to be called as an innovation.

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