Brief : Learning Outcome LO1. Explain the context for innovation and determine the difference between invention and innovation LO2 Explain the different types of innovation LO3 Discuss the process required to commercialise innovation LO4 Evaluate the range of methods for protecting ideas and understand their advantages and disadvantages Unit Learning Outcomes: 1. Explain the context for innovation and determine the difference between invention and innovation. 2. Explain the different types of innovation. 3. Discuss the process required to commercialise innovation. 4. Evaluate the range of methods for protecting ideas and understand their advantages and disadvantages. Scenario: In today’s competitive landscape it is critical that organisations continually innovate both their product/s offering and processes to ensure that they remain competitive in the market. Task 1 to 4 Addressing LO1, LO2, LO3 and LO4: This has to be submitted as specified , addressing all the LO and AC’s. The assessment report should cover the following in general, but answer the P questions as specified below against each LO for the relevant tasks and adhere to the merit and distinctions questions towards achieving a merit or distinction:- 1. An overview of the organisation. 2. An explanation of the philosophy (Innovation and commercialisation) as against invention 3. An assessment of the various sources of innovation, development and management (metrics). 4. The approach to creating innovation culture within the organisation (systems and structures, leadership, vision, mission, teams, networking). 5. Legislations for protecting creativity. Task 2 You will continue using the above scenario as a CEO and are required to continue the report (by using supportive materials like books, Journals, websites, the given case study, etc.) on the findings for LO2. The answers need to reflect the given business scenario. Task 3 You will continue using the above scenario as a CEO and are required to continue writing your report (by using supportive materials like books, Journals, websites, the given case study, etc.,) on the findings for LO3. The answers need to reflect the given scenario. UPTO50% Avail The Benefit Today! To View this & another 50000+ free Enter Email Get Answer
Task 1 LO 1 Establish project aims, objectives and timeframes based on the chosen theme. Task 2 LO2 Conduct small- scale research, information gathering and data collection, generating knowledge to support the project as specified above: Task 3 LO3 Present the project and communicate
Assessment Brief 1.1. Assessment Brief – Element 1: Group Presentation In Week 10 of your programme you will deliver a Dragon’s Den business idea presentation, as part of a team, to a panel consisting of two tutors. The presentation will be 10 minutes long with 5 minutes for
Knowledge and Technolo gical Skills (KS) 1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines Higher Order Thinking (HO) 2.2 Exercise independent judgment and initiative in adapting
Learning outcomes Pass attainment level. You must demonstrate knowledge and a clear understanding of relevant concepts and theories. You will demonstrate the ability to apply theoretical knowledge and link it to practice to show insight to the real world situation. You must demonstrate the
Task 1 – The external environment. You are to analyse the impact and influence the macro environment has on your chosen organisation and its business strategies. In your answer you are to use; i. PESTLE model for environmental analysis ii. Ansoff’s growth vector matrix to analyse
Question: Any company can only grow, if it’s paying the required attention to every single employee and introducing beneficial scheme to them on regular intervals. The founder and CEO of Virgin airlines Richard Branson says “Take care of your employees and they will take care of your
Question : It has become like a fashion that the big corporate houses who are already owning a grand number of companies are increasing their market size by taking over the other companies aka their possible competitors. For example, in 2018, world’s biggest E-commerce deal held in which
Tangle Teezer Limited is a company which provides hair brushes. It makes world's first detangling hairbrushes (Tricker, 2011). Its brushes are famous worldwide, in fact, some famous Hollywood celebrities also use their products. Carry out an research and find out how this small firm has become a
John is the CEO of ‘XYZ’ organization. From last few months, he is facing issues with the business process due to poor flow of communication among the employees and managers. Do a critical analysis of this factual scenario in your business communication assignment and answer the
Asiatic mart is the international firm that is located in Singapore but operates its business overseas. It was founded in the year 1996, it operates its business through networks of suppliers, distributors, and shipping agencies. Write a case study along with your strategic management assignment,
