_____ Is the Process of Taking Innovations Developed in Emerging

question 37

Multiple Choice

_____ is the process of taking innovations developed in emerging markets and repackaging them for developed markets.

• A) Reverse innovation
• B) Disruptive innovation
• C) Distributive innovation
• D) Ad hoc innovation

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Definitions:

Cash Payback Period

The cash payback period is the duration of time it takes for an investment to generate enough cash flow to recover its original cost.

Residual Value

The estimated salvage value of an asset at the end of its useful life.

Present Value Factors

Multipliers used to calculate the present value of a future amount of money or stream of cash flows.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods.