Firms That Listen to Existing Customers and Tailor Offerings Based

question 9

True/False

Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially disruptive technologies than those that experiment with products that existing customers do not demand.

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Definitions:

Specific Assumption

A particular premise or belief that is accepted as true without proof for the sake of argument or investigation.

Tested

The process of examining or evaluating someone or something, typically measuring performance, quality, or reliability.

Distinct Stages

Separate or clearly differentiated phases within a process or lifecycle.

Life Span

Refers to the maximum duration of life of a species or the length of an individual's life.