For a New-Market Strategy Innovation Strategy to Work, Which of the Following

question 9

Multiple Choice

For a new-market strategy innovation strategy to work, which of the following requirements need to be met?

• A)The company must be able to create a business model to make profits at a discount price.
• B)Present customers need to go to an inconvenient location to use the product or service.
• C)Both the company must be able to create a business model to make profits at a discount price and present customers need to go to an inconvenient location to use the product or service.
• D)Neither the company must be able to create a business model to make profits at a discount price nor present customers need to go to an inconvenient location to use the product or service.

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Definitions:

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A progression or sequence of jobs or positions within a profession or organization, often structured to allow for career development and advancement.

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Lead Software Analyst

A senior position responsible for overseeing the analysis, design, and implementation of software systems.