JJ Inc, a Software Company, Was the First to Create a a Customized

question 56

Multiple Choice

J.J. Inc., a software company, was the first to create a customized messenger application. The subscribers can choose the features they wish to install. The value offered by J.J. is different from its competitors in the market. Which of the following is being exemplified in this case?

• A)A blue ocean strategy
• B)A low-end disruptive innovation
• C)A standardization strategy
• D)A high-end disruptive innovation

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Definitions:

Custom-Made

Refers to goods specifically designed and produced to meet the particular requirements of a customer.

Winter Coat

A garment designed for protection against cold weather, typically extending beyond the waist and incorporating insulating features.

Forced

Compelled or coerced action or decision, often against one's will.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, reflecting the company's brand, customer base, and other non-physical assets.