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List Four Ways to Deal with Change and Innovation

question 56

Essay

List four ways to deal with change and innovation.If you were going to instill a culture of innovation in a company you worked for,what kinds of things would you do?


Definitions:

Premium Pricing

A strategy of setting prices higher than competitors to reflect a product's perceived value and quality, targeting consumers willing to pay more.

Leather Purses

Handbags made from the hide of animals, treated and fashioned into various styles and sizes.

Closest Competition

Refers to the competitors within the same industry that offer the most similar products or services to a company's offerings.

Top-Of-The-Line

Describes products, services, or goods of the highest quality available within a specific category or market segment.

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