Which of the Following Statements Is True of Market-Creating Innovations

question 54

Multiple Choice

Which of the following statements is true of market-creating innovations?

• A) Investment decisions are usually based on long-term metrics.
• B) Their potential for generating profits is uncertain.
• C) Newly-created products can be tested in the market before their release.
• D) They tend to attract repeat customers rather than first-time buyers.

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Definitions:

Strong Culture

An organizational environment characterized by well-defined values, beliefs, and norms that shape employees' behaviors and contribute to a cohesive work atmosphere.

Treat

To deal with or think about something in a specific way, or to provide medical care.

Employees

Employees are individuals who are hired by businesses or organizations to perform work in exchange for compensation, encompassing a wide range of roles and responsibilities.

Organizational Stories

Narratives shared among members of an organization that convey values, traditions, and practices within.