For a Low-End Disruptive Innovation Strategy to Work, Which of the Following

question 38

Multiple Choice

For a low-end disruptive innovation strategy to work, which of the following requirements must be met?

• A)There needs to be customers at the low end of the market who are eager to purchase a "good enough" product for a lower price.
• B)The company must be able to create a business model to make profits at a discount price.
• C)Both there needs to be customers at the low end of the market who are eager to purchase a "good enough" product for a lower price and the company must be able to create a business model to make profits at a discount price.
• D)None of the answer choices.

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Definitions:

Crowdculture

A phenomenon where digital communities form around shared interests or values, often influencing trends and public opinion.

Intentional Social Action

Actions carried out by individuals or groups that are deliberate and aimed at affecting social change or addressing social issues.

Participation

The act of taking part or being involved in an activity, event, or process, typically implying active engagement or contribution.

Media Multiplexity

A theory that suggests individuals use multiple communication channels to maintain their relationships.