Why Is It Important to Try to Find Innovative Customers

question 7

Essay

Why is it important to try to find innovative customers to start a company - particularly for a B2B venture? What are the different ways that such customers can help an entrepreneur? If you are having trouble thinking of an example, you can take use the case of a software company trying in some way to help doctors improve the care of their patients when they are not in the hospital.

---

Definitions:

Operations Times

The total time involved in performing all operational activities, including processing and waiting times, within a production cycle.

Hybrid Automobiles

Vehicles that use a combination of internal combustion engines and electric motors for propulsion, aiming to increase fuel efficiency and reduce emissions.

Productive Work

Activities or tasks that directly contribute to producing goods or providing services that have economic value.

Cycle Time

refers to the total time from the beginning to the end of a process, indicating how long it takes to complete a cycle of the process.