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Management Studies

Write a 1,050- to 2,300-word paper that will encompass how the innovation motives and obstacles listed below will impact the future of the company. Complete your paper according to the following criteria:

Explain at least five of the following motives for innovation:
- Ability to obtain new financial sources
- Competitors
- Product life cycle
- New needs of a customer
- Regulations
- Sustainable development
- Changing/shifting demographics
- Social consciousness
- Demographics
- External/internal environment
Explain each of the following obstacles:
- Risk
- The project itself
- Uncertainty
- External and internal environment
- Company itself

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