How does innovation affect consumer behavior?
Innovation significantly influences consumer behavior by introducing new products and services that meet evolving needs.
Can you give examples of recent innovations that changed consumer habits?
Sure! The rise of smartphones and streaming services has transformed how we communicate and consume media.
What role does technology play in this innovation?
Technology is a key driver of innovation, enabling faster development and delivery of products that enhance user experience.
Are there any negative impacts of innovation on consumers?
Yes, innovation can lead to issues like information overload, privacy concerns, and increased consumerism.
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