What is one outcome of effective innovation in technology?

Effective innovation in technology leads to enhanced processes, products, or services, which is the key outcome of successful innovation. By improving existing technologies or creating new ones, organizations can streamline operations, improve quality, increase functionality, and better meet the needs of customers. This enhancement can result in higher customer satisfaction and competitive advantage in the market.

Innovative processes often lead to greater efficiency, allowing businesses to do more with the same or fewer resources, while improved products or services can attract more customers or retain existing ones by delivering greater value. Innovation drives progress and can lead to breakthroughs that open new markets or significantly improve an organization’s offerings.

In contrast, options such as increased customer dissatisfaction, a decline in international competition, and widespread obsolescence of existing technologies are generally negative outcomes that do not align with the goals of effective innovation. These outcomes could indicate issues in execution or market reception but do not represent the benefits that effective innovation aims to achieve.