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Business Innovation [ Episode 2 ]
2 years ago
3
Business innovation refers to the process of introducing new ideas, products, services, processes, or strategies within a company to drive growth, improve efficiency, and maintain competitiveness in the market. It involves creative thinking, problem-solving, and the implementation of novel approaches to meet evolving customer needs and market demands. Business innovation can encompass technological advancements, organizational improvements, or changes in business models to stay ahead in a rapidly changing business environment.
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