Entrepreneurial Mishaps
Innovation/Entrepreneurial Mishaps
Write a 525- to 700-word paper in which you identify 2-3 organizations that have missed opportunities for innovation and/or are on the verge of closing down because a more innovative competitor has overtaken the market.
Analyze innovative strategies that were missed by the organization, and explain how the organization either ignored or missed opportunities for innovation.
List and discuss 2-3 innovative strategies that the organization could use today to potentially rebuild its entrepreneurial culture.
Format your paper consistent with APA guidelines.
Present findings in a 5-7 slide PPT.
This instructor is a stickler for APA citation and avoidance of plagiarism, please dont plagiarize.
…………………Answer preview……………………..
Innovation refers to new ways of doing things. In business, it may refer to coming up with a completely new commodity or improving on an existing one. It may also mean coming up with a new way of service delivery
Business firms strive to be as innovative as possible so as to continuously bring a competitive commodity to the market
Lack of innovation leads to business collapse…………………….
9 slides