The Term _______________ Is Often Used to Describe Innovations That

question 17

Short Answer

The term _______________ is often used to describe innovations that disrupt the status quo.

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Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, customer base, customer relations, employee relations, and any patents or proprietary technology.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

External Environment

The external context in which an organization operates, including socioeconomic, legal, technological, and competitive factors.

Internal Competence

The skills, knowledge, and capabilities that exist within an organization, critical for achieving competitive advantage and strategic goals.