Question: why when we start an innovation we must identify needs of the people? why when we start to create an innovation we must identify customers

why when we start an innovation we must identify needs of the people?
why when we start to create an innovation we must identify customers needs? (2-3 points)
For example before creating a medical device we need to know what the patients needs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

our task ? Complete a tax return for Van Howey using the 2024 Tax Return Workbook. ? You are only required to complete up to the tax on taxable income calculation using the information provided in...

Q:

Answer the following questions according to the case (Supply Chain Management in STARBUCKS and its Impact on Company Performance) provided below the asked questions: What are the main issues that...

Q:

please answer the below questions (at the end of the case study) based on your reading to the case study: 1. Why is business process management (BPM) so important in a company such as TNT Express?...

Q:

TB0383 Andrew C. Inkpen General Electric's Corporate Strategy Like the premature obituary of writer Mark Twain, reports of the death of the conglomerate are often exaggerated. Diversified companies,...

Q:

PROGRAMME HANDBOOK: JANUARY 2016 INTAKE ASSIGNMENT 2: HUMAN RESOURCES DEVELOPMENT Read the case study below and answer the questions that follow. National HRD in Finland, Russia, and South Africa...

Q:

Demonstrate a critical understanding of the article by summarizing the main topics in your own words (10 marks). Analyze the main innovation themes that can be related to this article and relate it...

Q:

Can someone help me with this foot note questions it pertains to 1-800 Flowers 10-k. 2016 Annual Report DELIVERING SMILES, DRIVING GROWTH n iona v tion Always Innovating 1-800-FLOWERS.COM and its...

Q:

Diagnostic Change Models 1) Leavitt's Model (1965) 2) Weisbord's Six-Box Model (1976) 3) Congruence Model for Organization Analysis (1977) 4) McKinsley 7-S Model (1982) 4) Tichy's Technical Political...

Q:

Hi, I was wondering if you can help me with some financial accounting work? I need help in computing the numbers for Forecast Values for 2024 for Humana using the information below. I have a sample...

Q:

In your assignment, please address the following: What does your Indigo report mean to you? Discuss the elements of the report that matters the most to you and why. How can the report guide you...

Q:

I have attached the question. I will post student question when I receive one later. Chapter 2, Customer Behavior and 3, Segmentation of textbook can also be used. Marketing Management: MKT500 Week 1...

Q:

Taggart Inc.'s stock has a 50% chance of producing a 31% return, a 30% chance of producing a 10% return, and a 2 0 % chance of producing a -20% return. What is the firm's expected rate of return? Do...

Q:

Byron Bay Cookie Company operates two bakehouses, one on the Gold Coast and the other in Byron Bay. There has been a reduction in demand for its products and it is no longer viable to operate both...

Q:

To evaluate the improper integral 0 s e c 2 x d x , at which values of x should you break the integral? Select one: a . b . 2 c . - 2 d . Both b and c

Q:

1- Airlines and hotels (local and global) are planning their programmes and offerings for the spring season and want to generate sales. They started to communicate with their customers/guests about...

Q:

Rajiv was asked to prepare a report on the estimated costs of introducing a new product into the market. Rajiv estimated the costs by slightly increasing the costs the company had incurred while...

Q:

Outline the managers role in creating a work environment that is free from harassment and discrimination.

Q:

2. Paul Watzlawick (1984). The invented reality: How do we know what we believe we know? Dont let the publication date of this book fool you. It is as useful today as when it was published in raising...

Q:

1. Both Jim and his parents make attributions to explain his grades. Describe the dimensions of Jims attributions and those of his parents. Apply what youve learned in this chapter by analyzing the...