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16 February, 02:43

According to the text, which of the following is not one of the methods companies can use to enhance their competitive position via innovativeness? Fostering creativity and experimentation Investing in new technology, R&D, and continuous improvement Copying the business practices or techniques of successful competitors Departing from existing technologies to develop products and practices that go beyond the current state of the art

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  1. 16 February, 05:48
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    Copying the business practices or techniques of successful competitors

    Explanation:

    Copying the business practices or techniques of successful competitors is not a good method which companies can use to enhance their competitive position via innovativeness because it can be misleading as most companies that appear to be successful are actually not successful, in the future this kind of approach will cause the company to loss hugely and face difficult threats in the market.
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