Buy Homework Help: Determine and explain why innovation is important to organizations and what can happen to companies that fail to innovate.

Determine and explain why innovation is important to organizations and what can happen to companies that fail to innovate.

The Research & Development Department has developed a revolutionary product that offers revolutionary options and will allow the organization to gain a competitive advantage in the industry. Leadership encourages creativity, but is hesitant to take a leap of faith with the new product. Determine and explain why innovation is important to organizations and what can happen to companies that fail to innovate.

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