Question

'Bhawana Sugar Mills' are known for manufacturing good quality of sugar. They are
innovative and always make provision of value to the customers. They are also conscious
about the welfare of their employees and make provisions to reward them adequately.
They also ensure that all the stakeholders of the company are satisfied.
Which element of innovation process is being taken care of by Bhavana Sugar Mills?
(a) Analytical planning
(b) Resource organisation
(c) Implementation
(d) Commercial application

Answer 1

Answer:

l don't know this questions

Answer 2

The element of the innovation process that is being taken care of by Bhavana Sugar Mills is implementation.

• There are four elements of the innovation process namely, collaboration, ideation, implementation, and Value creation.
• There are five steps for implementing innovation as spot the opportunity, prioritise the opportunity, examination your innovation, build authorization for your innovation and finally acquire knowledge from your innovative accomplishments.
• Here, Bhavana sugar mills are aware of the opportunities as an innovative firm in the market. They also so are conscious about the internal environment of the firm as they are aware of the feelings of the employees. Together with all of this they are all slow profit-driven and try to seize every opportunity and maximize the outcomes from it.