Business Studies, asked by akshatgambhir3287, 1 year ago

What do you mean by Innovation?

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Answered by vaishu4837
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What do you mean by innovation?

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The process of translating an idea or invention into a good or service that creates value or for which customers will pay. ... In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.Examples of Innovation. Home » Project management blog » Examples of Innovation. Innovation is defined as the process of making an idea or invention into a good or service that creates value and/or for which customers will pay.

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