BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Organizations conduct their businesses by offering:
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less products
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few products
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innovative products
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expensive products
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Explanation:
Detailed explanation-1: -Simply put: Innovation is a product, service, business model, or strategy that’s both novel and useful. Innovations don’t have to be major breakthroughs in technology or new business models; they can be as simple as upgrades to a company’s customer service or features added to an existing product.
Detailed explanation-2: -Home offices are an example of organizational innovation, as are management software, customer service chatbots, and trainee programs in which employees get to know all departments of a company before actually working in one of them.
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