Asked by Laura Derhamer on May 28, 2024
Verified
Why is strategic competitiveness important for organisational survival and success in a turbulent environment? Why is continuous innovation important for organisational survival and success in a turbulent environment?
Strategic Competitiveness
Achieving a favorable position in the market by implementing unique strategies that leverage the organization's strengths in response to external opportunities and threats.
Continuous Innovation
An ongoing process of developing new or improved products, services, or processes that provide significant advances or competitive advantages.
Organisational Survival
The ability of an organization to continue functioning over time, adapting to changes and overcoming challenges.
- Identify the role of strategic competitiveness and continuous innovation for organizational survival and success.
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Learning Objectives
- Identify the role of strategic competitiveness and continuous innovation for organizational survival and success.
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