In this day and age, the economy is growing day by day. It is believed that businesses that change the way they adopt new processes, techniques, and ideas have a greater chance of success. From my perspective, I completely agree with this statement for the following reasons.
First of all, innovation helps businesses have more customers and produce more goods and services, thereby, increasing business productivity and income for businesses. Second, for the current industry 4. 0, the market is constantly changing. Moreover, customers are tending to shop online rather than traditional shopping. To understand customer psychology, and have reasonable strategies to maintain the speed of development, many companies have combined the business environment with new technology. According to Viettimes, Amazon always values innovation to improve its services to suit customers. The company was originally known as an online book distributor but has since expanded into selling software, video games, furniture, food, toys, and more. Fully meet consumer requirements and reach hundreds of billions of dollars in revenue. In addition, Amazon also created the Amazon Prime application to help consumers shop with many great deals, affordable prices, free shipping, making online shopping more convenient.
To sum up, business innovation is a process that requires businesses to always fortify themselves with a solid and sustainable strategy, in line with market trends. From there, businesses have more opportunities and choices to reach success.
In this day and age, the economy is growing day by day. It
is believed
that
businesses
that
change
the way they adopt new processes, techniques, and
ideas
have a greater chance of success. From my perspective, I completely
agree
with this statement for the following reasons.
First of all
, innovation
helps
businesses
have more
customers
and produce more
goods
and services, thereby, increasing
business
productivity and income for
businesses
. Second, for the
current
industry 4. 0, the market is
constantly
changing.
Moreover
,
customers
are tending to shop online
rather
than traditional shopping. To understand
customer
psychology, and have reasonable strategies to maintain the speed of development,
many
companies
have combined the
business
environment with new technology. According to
Viettimes
, Amazon always values innovation to
improve
its services to suit
customers
. The
company
was
originally
known as an online book distributor
but
has since expanded into selling software, video games, furniture, food, toys, and more.
Fully
meet
consumer requirements and reach hundreds of billions of dollars in revenue.
In addition
, Amazon
also
created the Amazon Prime application to
help
consumers shop with
many
great deals, affordable prices, free shipping, making online shopping more convenient.
To sum up,
business
innovation is a process that requires
businesses
to always fortify themselves with a solid and sustainable strategy, in line with market trends. From there,
businesses
have more opportunities and choices to reach success.