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When the U.S. dollar decreases in value relative to foreign currencies, the
Exploitative Innovation
Innovation focused on refining existing products, services, or processes to enhance efficiency and effectiveness.
Decision-making Model
A conceptual framework that outlines the process of making a decision, guiding an individual or group through identifying a problem, generating alternatives, and selecting an option.
Organizational Structure Innovation
The process of redesigning an organization's structure, roles, and processes in innovative ways to adapt to changing environments, improve efficiency, and foster growth.
Process Innovation
Refers to significant improvements in the way an organization conducts its business, aiming to achieve better efficiency, effectiveness, and performance.
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