Answer to Question #272568 in Management for Bill

Question

a. What kind of computational data be evaluated by using BIOCHIPS from human body?

b. After processing these data and converting them to information in which sectors we can get innovative managerial developments. Give two examples about three differents sectors please.

Answer 1

(a) Biochips are versatile tools that can be employed in a variety of applications, including diagnostic and clinical, patient-centered drug development, disease control, and scientific research. These biochips automate the completion of routine laboratory operations.

(b) Innovating frequently entails taking a fresh look at an existing concept or product with the intention of improving it. Despite the fact that no one can agree on a precise list of innovation types, there are three main categories: product, process, and business model innovation.