HOW IMPORTANT IS
INNOVATION AND
ENTERPRISE TO
TODAY’S BUSINESS?
Unit 1 Assignment 3
, Unit 1 Assignment 3
Contents
Introduction...........................................................................................................................................1
Analysing 3 Businesses for Innovation...................................................................................................2
LG Electronics....................................................................................................................................2
BMW..................................................................................................................................................3
Tesla...................................................................................................................................................4
The Success of Tesla’s Innovation and Enterprise..................................................................................5
Use of Innovation and Enterprise for a Business, considering the Market and Environment................6
References.............................................................................................................................................7
Introduction
In this report, I will be investigating the role and contribution of innovation and enterprise
towards a business. I will also be defining innovation and why innovation is extremely
INNOVATION AND
ENTERPRISE TO
TODAY’S BUSINESS?
Unit 1 Assignment 3
, Unit 1 Assignment 3
Contents
Introduction...........................................................................................................................................1
Analysing 3 Businesses for Innovation...................................................................................................2
LG Electronics....................................................................................................................................2
BMW..................................................................................................................................................3
Tesla...................................................................................................................................................4
The Success of Tesla’s Innovation and Enterprise..................................................................................5
Use of Innovation and Enterprise for a Business, considering the Market and Environment................6
References.............................................................................................................................................7
Introduction
In this report, I will be investigating the role and contribution of innovation and enterprise
towards a business. I will also be defining innovation and why innovation is extremely