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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Operational Decision Making-Final Exam

Operational Decision Making-Final Exam

Q Explain the three fundamental innovation strategies. Explain the importance of business etiquette when traveling to visit customers.Explain the importance of business etiquette when traveling to visit customers.Explain how exporting can impact cash flow.Explain how people and organization can add to customer value.

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At present, the operations of organizations need to be dynamic there innovation should be at the core of their business operations so that long- term sustainability can be gained. The three kinds of innovative strategies that the companies can contemplate on adopting are product, process and business model innovation. In the case of product innovation, a company can contemplate on innovating the design, packaging of the product. In addition, an organization can further focus on introducing an all-new innovative product line.