The Importance of Focus Innovation and a Firm's Success (Essay Sample)

The focus of Innovation and a Firm's Success
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With the dynamic change in technology, businesses are forced to either adapt or die as customers have turned to so survey. Businesses are forced to adapt to the new technological changes and thus be innovative in the market which has turned out to be very competitive. Innovation, therefore, becomes a priority for any business to succeed and remain relevant in the market. Innovation can therefore be defined as a procedure through which services, domains or products are advanced to match the tie and period by use of new processes. Business success is aligned with the relevance and satisfaction of the consumer by meeting consumers' needs.