INTRODUCTION Innovation is defined as a new idea or process which is used into a product or service by an organisation for bringing value in the product. Furthermore, It includes various kind of information, future scope of the product and different analysis which is essentials in satisfy a ...

INTRODUCTION Managing innovation is a effective process that involve adoption of such techniques and process that help management to examine all opportunity that either foster or hinder the performance of organisation (Archibald,and Archibald, 2016). It can be possible through supplying innovative ...

INTRODUCTION Innovation can be mentioned to as creation of something new in the market. It can be considered to be an activity through which an organisation changes itself and its environment. This assignment focuses on the innovation practices which are being carried out by Mercedes-Benz. This ...

INTRODUCTION In modern era of technology, introducing innovations and inventions in a company has became necessary for entrepreneurs in order to bring sustainability at marketplace. Due to changes in demand and needs of people, products of an enterprise cannot expect high profit margin. Therefore, ...

INTRODUCTION Innovation can be described as to create some new idea, thoughts and concepts which can be implement in an organisation. Innovative strategies or policies are essential to be applied for increasing productivity as well as profitability in appropriate manner. It is necessary to apply ...

INTRODUCTION Invention and innovation are complimentary of each other, invention is to discover something with an idea or concept and innovation depends on the alteration of existing things with a new concept that can give a value to the customer or business. Invention needs scientific approaches ...