Examlex
Software designed to support the payroll function would best be classified as:
Market-Creating Innovation
Innovations that result in the creation of a new market by fulfilling an unserved or underserved need or desire.
Performance-Improving Innovation
Innovations that enhance the performance, efficiency, or quality of products or processes, thereby providing value to the organization and its customers.
Efficiency-Enhancing Innovation
Innovations that improve the productivity and performance of enterprises, often leading to reduced costs and increased quality.
Strategic Alliance
A cooperative agreement between businesses or organizations aimed at achieving common goals or completing specific projects.
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