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Low-End Disruptive Innovation Is Where Industries Are Altered by Emerging

question 11

True/False

Low-end disruptive innovation is where industries are altered by emerging products that feature a price that appears dramatically low. Incumbent firms often employ this strategy.


Definitions:

Social Relations

The interactions and connections among individuals and groups within a society.

Decision Making

The process of making choices or solving problems by evaluating information, considering alternatives, and selecting a course of action.

Employees Choose

The process or policy allowing employees to make choices regarding certain aspects of their job or employment conditions, such as flexible working hours or benefits.

Empower Others

The act of giving power or authority to others, enabling them to make decisions, act independently, and develop self-efficacy.

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