An Innovation That Creates a New Market and Value Chain

question 7

Multiple Choice

An innovation that creates a new market and value chain, disturbing the order of an existing market and value chain, is called a(n) ________.

• A) augmented product
• B) dynamically continuous innovation
• C) disruptive innovation
• D) convergent product
• E) ideation

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Definitions:

Operating Activity

Transactions and events that are directly involved in the primary operations of a business, such as sales and service revenue, and associated costs.

Change In Cash

The difference in a company's cash balance over a specified period, resulting from its operating, investing, and financing activities.

Stock Market

The stock market is a collection of markets and exchanges where the buying, selling, and issuance of shares of publicly-held companies occur.

Going Concern

An accounting principle presuming that a company will continue operating and not go bankrupt or be liquidated in the foreseeable future.