Which of the Following Best Describes the Notion of Creative

question 45

Multiple Choice

Which of the following best describes the notion of creative destruction?

• A) the process whereby goods developed to meet the needs of LDCs are repackaged as low-cost innovative goods for rich countries
• B) innovations that create a new market and value network, displacing established firms, products, and alliances
• C) the desired break in existing patterns of behavior in response to a highly creative message
• D) the termination of old technologies or ways of doing things to make way for new ones, at the risk of hurting some groups in society

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Definitions:

Stolen Goods

Items that have been taken without permission or acquired illegally, typically with the intent to sell for profit.

Express Warranty

An explicit promise by the seller regarding the condition, functionality, or performance of a product.

Statement of Opinion

A declaration that reflects someone's personal belief, perspective, or judgment, rather than an objective fact.

Medical Device

A medical device is any instrument, apparatus, implement, machine, appliance, implant, reagent for in vitro use, software, material, or other similar or related article, intended by the manufacturer to be used, alone or in combination, for a medical purpose.