Week Three Individual Paper Organizational Impact Paper (answer attached)
Organizational Impact Paper
Select at least three different types of organizations.
Write a 700- to 1,050-word paper in which you evaluate the impact of innovation on your selected organizations.
Discuss the impact on strategy, process, product, or services within each type of organization.
Format your paper consistent with APA guidelines.
Select three different types of organizations, discuss the following above, APA format, references.
Week Three Individual Paper: Organizational Impact Paper
Innovation is what gives businesses the competitive advantage the company will need to be profitable in the market. Innovation impacts the strategy, process, products and services that a company has to offer. Three organizations that have greatly used innovation are Discover Financial Services, Apple Inc, and McDonalds.
Discover Financial Services
Discover Financial Services or better known as Discover Card has been the innovation force in the credit card industry. Discovers innovative business plan has not only made them a successful independent company, but they have set the standard in the credit card business. Discover was the first credit card that offered a cash back