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Question: Using the models of demand-pull and/or technological

push to explain the interaction of Enter question
technology and business
performance in making Ford's Model T. Did the Ford get the ideas
for innovations
from the customers or it were the firms’ engineers
who recognizes that a specific piece of new
technological knowledge
resulted in the firms’ new products? Provide your analyses to prove
your
arguments.
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Introduction

Technology places significant role in the growth and development of a business entrepreneur like Ford. Business entrepreneurs are always
engaged in the research and development activities innovations and to introduce new product and production method. There always try to
minimise the production cost and maximizing the profit.

Explanation

Explanation

Food is most famous automobile company in the world. They are always engaged the resource and activities in a new piece of Technology
and introduce new products in order to attract more customers to purchase their product and to provide more satisfaction to their customers.
Thereby the aims at creating the brand image in the minds of customers and customer loyalty. Only by updating their protected by a new
features that can dominate the market and provide maximum satisfaction. Ford get ideas and innovation from their customers. Because they
are always keep up a good communication with their customers and they also collected feedback from their customers regarding their taste
and preferences and what are the new features that should be included in the new product that company introduced. And there but they are
increasing the new technological innovations and introduce new products in order to attract more customers and to create a brand image. it
is one of the secret of their success that is to engage in the research and development activities in order to introduce new product with new
features for creating a customer loyalty.

Answer
Conclusion

What is one of the most famous company who always at right angle to the research and development activities that introduced new
technological innovation Centre to introduce new products with new features in order to attract more customers.