What factors help shape innovation strategies


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Problem 1. How would you describe what the balanced scorecard concept is and how does it align or support to the long-term objectives?

Problem 2. Why are objectives broken down into long-term and short-term? What is the benefit of the long-term objectives specific to the organization in terms of performance and in meeting goals?

Problem 3. Innovation is seen as a main component of developing competitive advantage in today's hyper-competitive environment. How is innovation developed and used to enhance enterprise performance? What factors help shape innovation strategies? How is innovation used as a tool by entrepreneurs?

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