Innovation Management Essay Example | Topics and Well Written Essays - 3500 words

Innovation Management - Essay Example In the current business environment, technological innovation is the key driver of achieving competitive advantage among the companies. Firms rely on the recently developed products as the major sources of revenue and increase in the profit margin. Thus, innovation is becoming a metric measure of the current performance level of firms in different sectors. Globalization has taken, and is taking place in the business world (Aalbers et al., 2014). As such, it has contributed towards the development of innovative strategies among the firms. Such emerges from the foreign pressure that local firms receive in terms of the quality of their products and services. Therefore, companies are engaging in the production of differentiated products and services so that they can survival foreign competition. The introduction of the new products ensures that firms have the potential of protecting their margins and lowering their production costs. Such includes improving on abilities of the firms in th e competitive market. Technological advancements have also triggered firms to focus on innovation. These advancements include computer-aided manufacturing and computer-aided design, which help in the short-run production, as well as the attainment of economies of scale within the production chain. The aim is to ensure that the products and services meet the customer needs. Such is essential because different customers express unique needs in terms of the quality of the quality of services and products that they receive from the market.

Psychology assigment 4 Assignment Example | Topics and Well Written Essays - 500 words

Psychology assigment 4 - Assignment Example The hypothalamus in the body produces gonadotropin releasing hormone (GnRH) that travels to the pituitary glands through the capillaries helping to stimulate the production of follicle stimulating hormone (FSH) and luteinizing hormone (LH). In response to the FSH and LH the gonads or sex glands increase the production of sex hormones estrogens and androgens (testosterone), while adrenal glands also produce androgens. The production of androgens is increased by secretion of adrenocorticotropic hormone (ACTH) in pituitary gland. The estrogen and testosterone released by gonads bring biological changes and help in development of breasts in girls and testicular development in boys. Other androgens result in changes of body proportion and function of organ systems. The puberty onset results in physical development, hormonal changes and sexual maturation which vary both within and between the sexes. During puberty girls experience pubic hair, breast development and growth of reproductive system. Girls increase their height and changes in body proportions while beginning their menarche by age 11-16. Boys experience changes later than girls involving pubic hair, enlargement of penis, growth of scrotum and development of reproductive system. The height increases while body proportions and body hair changes experiencing voice changes and spermarche. The adolescent’s cognitive development determines the ability of a person to learn, think, reason and adapt to the environment. Piaget’s study of cognitive development theory is mainly based on three principles namely: assimilation, accommodation and equilibration; while his belief that cognitive development occurred in four stages that are universal as every person passes through all these stages in same order. These four stages are: sensorimotor development, preoperational period, concrete operations and formal operations. Each stage is corresponded to certain age but there could be variations as some