According to the Innovator's Dilemma

question 96

Multiple Choice

According to the innovator's dilemma:

• A)the computing power of a microprocessor doubles every 18 months.
• B)markets that don't exist can't be analyzed.
• C)well-managed companies that listen and respond to needs of established customers may miss opportunities to innovate.
• D)regulation of e-commerce activities will increase at a rate that is directly proportional to the growth of e-commerce revenues.
• E)innovations are copied soon after they are discovered.

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Definitions:

Merchandising

Merchandising involves purchasing, displaying, and selling products to consumers, with strategies that aim to boost sales and profitability.

Service Enterprises

Businesses that provide intangible products or services to customers rather than tangible goods.

Unadjusted Balance

The initial balance of an account before any adjustments or corrections are made for accounting purposes.

Inventory

includes goods and materials a business holds for the purpose of resale or as part of its production process.