Increasing Effectiveness of Natural Stone Processing Company by Implementing Innovation Technology and Establishing Innovation Department

We consider issues of increasing the effectiveness of a natural stone processing company by implementing innovation technology and establishing an innovation department within the company structure. The relevance of the research is grounded on the current market conditions when each natural stone processing company is trying to increase the market where its products are sold. It is possible provided that the company is effective, it applies innovation technologies and has an innovation department as a part of the company structure. It all results in minimizing production costs and decreasing the cost price.