Read the below topic and answers the below questions. atleast500 words. No plagiarism please
Production and Servicing
Product and Service Innovation
In the business society, production and servicing, in general,entail the basic core of all operations. Therefore, product andservice innovation refers to implementation of business to generateconformity and address demand of consumers in the market. However,service innovation is wide in reference to processes, production,delivery or consumption (Shelton 39). This is because when aproduct filters down to a service, it becomes product or serviceinnovation which includes improvements in the operations inattaining the final item in the manufacturing process.
As far as innovation is considered strategically good inboosting and maintaining customer satisfaction, to what extent ofstrategic benefit does it provide in balancing the ratio of laborand rewards?
The Structure and Scope of Operations
Running a company requires a lot of efforts, hard work andknowledge. Different ongoing activities and business operations areincluded in the production of value for all the stakeholders in thecommercial sector. Business operations are the basic guidelinesthat relate to an organization’s main objectives during productionand their main purpose is to harvest the value from the assets thata company possesses. Their scope includes structural, functionaland environmental aspects of an organization. For production to beof total quality, there is a need for structural operations such asspecialization in order to satisfy customers’ requirements aboutcertain products and services (Sullivan 62). Product and productionprocesses in this division need to be characterized from simple tocomplex, and proper personnel should be employed to ensure qualitygoods and services.
Questions:
However in reference to structure and scope in operations toensure quality work, are the choices in structures and strategiesgenerating sufficient growth and profits to organizations?
Why is it important for an organization to incorporate productand service innovation into the organization?
Provide examples on how your current organization doe this orprovide a scenario on how an organization(s) can incorporateproduct and service innovation to help the business grow?
