Which of the Following Is a Core Idea in Clayton

question 6

Multiple Choice

Which of the following is a core idea in Clayton M.Christensen's concept of the Innovator's Dilemma?

• A)Successful firms can fail because of good management rather than bad management.
• B)Successful firms that fail are those that ignore customers' needs,wants,and demands.
• C)to ensure business success firms should carefully analyse and evaluate customers' demands,market trends,and invest highly in innovations that promise best returns
• D)all of these

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Definitions:

Economic Benefit

The gain received by an individual or a business from an economic transaction, including tangible and intangible gains.

Identifiable

Able to be recognized or distinguished as separate and distinct from others, often used in contexts like assets recognition in accounting.

Market Knowledge

An understanding of the dynamics of a specific market, including competitors, customer behavior, and market trends.

Trained Staff

Employees who have received specific education, instruction, and practice to improve their skills and competencies for their job roles.