Year 9 Economics and Business Flashcards on HASS, created by ree sal on 07/05/2024.
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Created by ree sal
2 months ago
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Created by ree sal
2 months ago
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What is Innovation?
Why is Innovation
important?
Market advantages
Market opportunities
Product differentiation:
Advantages
~Innovation~
Examples
Global markets
Research & Development
R&D
Competitive advantage
Lower cost product
Cost Leadership
Example of cost leadership
Differentiation
Example of Differentiation
Brand Recognition
Brand Recognition
Competitive advantage
Marketing
Target Market
Market Segmentation
