Innovation and Enterprise

Innovation – innovation is the commercial exploitation of an invention. It involves committing resources and brings a new idea into the market place. Innovations are intendant to make someone better off, and the succession of many innovations grows the whole economy over a period of time.
Innovation may be used to solving problems, improving quality, developing new products, reducing costs, developing new materials, deducing environmental damage. Innovation can also be relatively expensive to a business. Although a business can benefit from this through having a competitive edge, improved working environment, image, motivation and consumer benefits, If it works out to be a success, serious profits can be made. However when a …show more content…
‘‘Our dedicated employees again have once again made a significant contribution to our progress, against a difficult economic backdrop. I would like to personally thank them for their hard work, loyalty and professionalism.'' Foyle Food Group is very much a people’s business and they are committed to attracting and developing the best talent to drive their future growth. The groups business operates of the base of providing very high customer service levels with the performance of our employees being vital to their delivery.
Morden, well invested meat packing plants
The group has well invested modern facilities and has invested over £110 million over the last 7 years to increase packing capacity, so as to be able to service its customers planned growth, whilst ensuring that is packing facilities are kept at a state of the art level, both in terms of packing speeds, in order to progressively reduce unit costs and to continuously improve product quality, whilst reducing the environment impact on the group’s