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BTEC Business Unit 1 Assignment 3 - Innovation and Enterprise

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This is the full BTEC Business Unit 1 Assignment 3 - Innovation and Enterprise Coursework document. This candidate received a Distinction mark for this assignment.

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PEARSON (PEARSON)
Module
Unit 1 - Exploring Business









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Study Level
BTEC
Examinator
PEARSON (PEARSON)
Subject
Business 2016 NQF
Unit
Unit 1 - Exploring Business
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July 26, 2021
Number of pages
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Written in
2020/2021
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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

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