Moles Lab Activity 2 Elements Aluminum Answer Key

Posted By Admin @ Mar 02, 2022


Submission Front Sheet
Assignment Code: NSAB918B8JO/FO
Programme: BTEC Higher National Diploma (HND) in Business Marketing
Unit Title and Number: Innovation and Commercialisation Unit 8
RQF Level: 4
Unit Code: Unit code M/508/0494
Credit value: 15 credits
Module Tutor: Dr Felicia Olaitan / John Oakshott
Email: o.olaitan@mrcollege.ac.uk/ johnoakshott@mrcollege.ac.uk
Date Set:
Name:Darius Teresius………………………………………………………………………………………
Registration Number:24057……………………………………………………………………
Date:07/08/2020…………………………………………………………………………………….
Table of Contents
Concept of innovation 3
Important to innovate 3
Differences between innovation and invention 3
Innovation 3
Invention 3
Sources of innovation used by organizations 3
There are different sources which are used by the organizations; 3
How can be shaped 3
4P’s of innovation and innovation funnel 3
Paradigm 3
Product 3
Process 3
Positions 3
Apply innovation funnel to shape the innovative ideas in Tesco 3
Innovation funnel 3
Use of innovation Funnel 3
Development of Frugal innovation 3
Role of Frugal innovation 3
How innovation is developed, embedded and measured in Tesco 3
Part B 3
Overview of the Company 3
Importance of the commercial funnel 3
Attract 3
Convert 3
Close 3
Delight 3
Process of innovation for Application of NPD (New product development) 3
Idea generation 3
Concept definition 3
Market analysing 3
Product development 3
Commercialization 3
Tools for protecting, develop as well as retain intellectual property as well as knowledge 3
Patents 3
Trademark 3
Copyright 3
Nature as well as context of Innovation 3
The solution to overcome challenges for the development of innovation 3