management task

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Avm1 Task 3

There are many different reasons for why entrepreneurial organizations are motivated towards innovation. Because of things like competitive advantage, economic growth, business survival, and the progression of human wellbeing, entrepreneurial organizations are motivated to innovate.
In order to achieve a competitive advantage in the economic market, entrepreneurial organizations strive to innovate. Through innovation these organizations can find new methods to either provide a more sought-after service, or a better good/product for the consumer. Using research and development teams, or creative members of the organizations, these entrepreneurs find new ways to be on the top of their industry or find a way to create a niche market for themselves that can thrive. 

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vomms
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Published On:
06/18/2020
Last Updated:
06/18/2020
Print Length:
3 page(s)
Word Count:
311
File Name:
management-task-3docx-91.docx
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12.76 KB (0.01 MB)
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