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Significance Of Innovative Technology In Entrepreneurship

<p>&nbsp&semi;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There is a very famous quote by Mr Elbert Einstein &OpenCurlyDoubleQuote;we cannot solve the problem with the same thinking we used when we created them”&period; This means that simple and conventional process of planning and problem solving cannot help in solving crucial business problems&comma; as businesses of today need a lot of creativity&comma; innovation and vision&period; To define Innovation we would say that it is an ability to see&comma; perceive and solve problematic issues creatively&period; Innovation needs a sense of urgent passionate objective and visionary dreaming and thinking to play with solving critical issues&comma; which can result in improvement of the quality of the lives of the people&period; For the young aspiring entrepreneurs&comma; there are several opportunities to learn from the top entrepreneurs of the corporate industry of UK about entrepreneurship and innovation through several renowned online academic services&comma; which also provide Help with Essay&comma; dissertation or assignments&period; These essay writing services UK also offer several courses regarding innovation and entrepreneurship taught by the highly experienced and professional entrepreneurs of UK&period;<&sol;p>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-2772" src&equals;"https&colon;&sol;&sol;incrediblemag&period;com&sol;wp-content&sol;uploads&sol;2018&sol;03&sol;innovation&lowbar;and&lowbar;me&period;jpg" alt&equals;"Significance Of Innovative Technology In Entrepreneurship" width&equals;"750" height&equals;"471" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Gillet can be an amazing example to explain what innovation is all about&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>The invention of First Safety Razer<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Over the centuries there have been different ways how people shaved their facial hairs&comma; from 1800 to 1900 there was the straight edge razor&comma; but in 1901 King Camp Gillette changed the way people shaved as he introduced the first safety razor&comma; which was granted a patent on 15<sup>th<&sol;sup> November 1904&period; This blade was much better than any other&comma; as it was easily controllable as a result fewer cuts and nicks&comma; and when it becomes dull you can easily replace it&period; Over the years&comma; Gillette is considered to be the leader when it comes to innovation&comma; identifying the needs and delivering cutting-edge science and technology to consumers&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>&OpenCurlyDoubleQuote;There is a better way to shave and we will find it&period;” King C&period; Gillette<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Gillette introduced the innovation of disposable blades accompanied by many other improvements over the years and now has 72&percnt; market share in the razor industry&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>Innovation through Marketing<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In previous years Gillette used a lot of ways to promote their products&comma; but the best was Sports marketing&comma; which helped them to tap into a key passion for men and strengthened their connection with consumers&period; Today Gillette still is a very strong supporter of sports and has been sponsoring considerable amount of sports events each year all around the world&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>More than just shaving products<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Despite the fact that fifty percent of Gillet’s profits are still derived from its shaving accessories&comma; company has been able has been able to maintain&comma; more than sixty manufacturing facilities in thirty countries around the world&comma; whereas the products are being sold in over two hundred countries and territories&comma; but more than sixty percent of sales still being occurred outside the United States of America&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>Customers Perception about Gillette<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Gillette is the first thing which comes in a consumers mind when they talk about shaving and razors&period; Gillette is known among the customers for their quality&comma; variety and innovation&period; Their rating on their website is 4&period;5&sol;5 and they got 72&percnt; of the market share all around the world&comma; this proves that customers believe that Gillette provides the best shaving product one can get&period;<&sol;p>&NewLine;

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