Companies That Practice Reverse Innovation

question 162

Multiple Choice

Companies that practice reverse innovation:

• A) innovate in affluent countries and transfer products to emerging markets.
• B) create innovative, low-cost products for emerging markets and then quickly and inexpensively repackage them for resale in developed countries.
• C) create products or services that typically start small and end up completely replacing an existing product or service technology for producers and consumers.
• D) create products or services that initially sell well but have declining sales after a short period of time.
• E) often struggle with changing successfully.

---

Definitions:

Theravada

The oldest branch of Buddhism, which emphasizes personal enlightenment and monastic life, primarily practiced in countries like Sri Lanka, Thailand, and Myanmar.

Southern India

A region in India that includes the states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana, known for its distinct languages, cultures, and histories.

Dominant Buddhism

Refers to regions or societies where Buddhism is the most prevalent or influential religion.

Mandala

Sanskrit term for the sacred diagram of the universe; Japanese, mandara.