Disruptive Business Models Are Impactful Enough That They Disrupt or Change

question 15

True/False

Disruptive business models are impactful enough that they disrupt or change the way business is conducted in an industry or an important niche within an industry.

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Definitions:

Long-Term Relationship

An ongoing connection or engagement between parties, often characterized by trust, loyalty, and mutual benefits.

Achieving An End

The process or actions taken to reach a desired goal or outcome.

Customer Preferences

Individual tastes or choices of consumers that influence their purchasing behavior.

Strategic Customer Relationships

Building and maintaining long-term interactions with customers to understand their needs better and create mutual value over time.