There Are Many Digital Tools Available to Help Determine the Size

question 8

True/False

There are many digital tools available to help determine the size of potential markets, but the tools are not often used because they are costly.

Analyze the views of economists on the role of foreign aid in poverty alleviation.

Understand the significance of income segmentation in global poverty and related business strategies.

Comprehend the concept and operational methods of microfinance in supporting underserved communities.

Identify the challenges and strategies in designing business models for the base-of-the-pyramid (BoP) markets.

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Definitions:

Continuous Innovation

The ongoing introduction of small and incremental changes or improvements to products, services, or processes over time.

Fridge Apps

Applications designed for smart refrigerators that assist in managing groceries, recipes, and food inventory directly from the fridge's interface.

Discontinuous Innovation

A type of innovation that represents a significant breakthrough or creation of a completely new market, often transforming consumer habits.

Continuous Innovation

The ongoing process of making incremental improvements or updates to products, services, or processes to maintain competitiveness.