business strategy in targeting un served needs by creating unarticulated needs, creating new demand by value innovation. Over 50% of Sri Lankan small businesses
Creative Industries on International Business Nowadays, the development of economic and business life of the world is experiencing a paradigm shift, from the resource-based economy to a knowledge-based economic paradigm or creativity. It is happening because the based economy paradigm of resources that had seen as of view is quite effective in accelerating economic development and business development is considered to have failed to adapt and accommodate changes in the business environment. It is
INTRODUCTION: Innovation plays a pivotal role in the contemporary world, which requires harnessing the efforts to keep up with changes in the market and to continue to introduce new products touch the lives of more people steadily. The innovation in the consumer products sector, the lifeblood of any company want to enjoy a sustainable future, the only means to keep abreast of market developments is the follow-up to the constant development requirements of consumers, if not proactive. PRODUCT INNOVATION AND
form a balance between opportunity-seeking (i.e., exploration) and advantage-seeking (i.e., exploitation) behaviors (Ireland, Hitt, & Sirmon, 2003). 4. Helps a firm position itself such that it is capable of properly responding to the types of significant environmental changes that face many of today’s organizations. 5. Helps the firm develop relatively sustainable competitive
When people want exact same treatment for each individual, they are actually fighting for sameness rather than equality. Sameness is defined as each person treated the exact same; no individual is superior or inferior to another, so there is no difference between individuals. Over the centuries the terms equality and sameness have become interchangeable
options are luring women towards entrepreneurship. Entrepreneurship is considered an important driver of economic development and growth in many economies. Apart from the general diversity in entrepreneurial practices, there appear to be significant differences in the characteristics of male and female entrepreneurs. Women entrepreneurs tend to own smaller businesses, operate with lower levels of overall capitalization, start and manage firms in different industries than men, and the growth rates of their
are companies that managed to succeed in a fast based business environment. The difference between those companies and Nokia for example is that they were adopting the human relations model of management instead of the scientific management model. This model contrasts with Taylorism in so many aspects. Instead of commands advanced directly from higher management, a human relations theory grants communication between labourers and managers, permitting them to collaborate with one another to help make
solution is not beautiful I know it’s wrong.” - Buckminster Fuller OR “As an architect, you design for the present, with an awareness of the past, for a future which is unknown” ¬¬- Norman Foster Being overwhelmed by the idea of art, innovation and creativity ever since I was a kid, I always wanted to pursue a career where I can use my inherent traits to its fullest. Moreover, the beauty of our natural and manmade environment and its impact on our wellbeing is something that was fascinating to
The explanation for this phenomenon is that the individualistic culture emphasizes the true self, the differences between individuals and the individual responsibility or independence (Hui and Triadis 1986). In contrast, in the collectivistic culture, social harmony, conformity and interpersonal sensitivity (Hui and Triadis 1986) are appreciated, hence the high level of adaptation is well perceived as eagerness to fit in with the culture, whereas, it would be dis-counted or rejected in individualistic
DNA"(Meershoek, et al., 2014). Cultural Influence of art creativity Creativity remains acomplex wonder which cannot be decreased to an equation. Artists and social experts find it very difficult to explain the influence of culture and creativity in their work however on the other side it has become important for artist to show cultural creativity in their work so is to attract people towards them. With a superior comprehension of creativity as a procedure it is conceivable to better fathom the canvas