Which of the Following Is the BEST Example of a Product

question 28

Multiple Choice

Which of the following is the BEST example of a product disruption driving industry change?

• A)redesign of Toyota's Prius
• B)introduction of Apple's iPad
• C)AT&T's purchase of T-Mobile
• D)merger of United and Continental

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Definitions:

Business Combination

A transaction in which an acquirer gains control of one or more businesses.

Consolidated Expenses

The total expenses of a group of companies after eliminating intercompany transactions, reported in consolidated financial statements.

Fair Value

An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a forced or liquidation sale.