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Innovation in business refers to the process of developing and implementing new ideas, products, services, technologies, or business models that create value for customers and improve organizational performance. Ethical innovation ensures that these developments benefit society while respecting human rights, fairness, sustainability, and transparency. Business innovation can take many forms, including product innovation, process innovation, marketing innovation, and organizational innovation. Product innovation introduces new or improved goods and services, while process innovation enhances production efficiency and ____ ___ __________ _____ ___ ___ _________ ____ ________.
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