Operational Strategies: Innovation-Unit 13

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  • Operational Strategies: Innovation- Chapter 13
    • R&D- The scientific investigation necessary to discover new products or manufacturing processes.
      • Benefits of R&D and innovation
        • Improve quality
        • Enter new markets
        • Increase value added
        • Increase product range
        • Reduce costs
        • Improve capacity
        • Improve capacity
        • Meet regulations
      • Problems with innovation and R&D
        • Uncertainty
        • Operational difficulties
        • Competition
        • Generic products
    • Innovation: Successfully exploiting new ideas in a business situation
      • Aims of innovation
        • Meet regulations
        • Reduce environmental impact
        • Increase product range
      • How to improve the chances of successful innovation
        • Protection
        • Early planning
        • Developing

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