Figure 10-2 -According to Figure 10-2 Above, Column a Represents

question 21

Multiple Choice

Figure 10-2
-According to Figure 10-2 above, column A represents

• A) a spontaneous innovation.
• B) a continuous innovation.
• C) a discontinuous innovation.
• D) a dynamically continuous innovation.
• E) an evolutionary innovation.

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Definitions:

Substitute Goods

Products or services that can serve as replacements for each other; demand for one increases when the price of the other rises.

Sales Agreement

A contract between a buyer and a seller specifying the terms and conditions of the sale of goods or services.

Reallocation

The process of distributing or assigning resources, responsibilities, or assets to different tasks, projects, or accounts, often to improve efficiency or meet new objectives.

Liquidated-Damage Clause

A contract provision that specifies a predetermined amount of money that must be paid as damages for failure to perform under the contract.