Innovative Products Having Attributes That Appear to Satisfy Only a Small

question 31

Multiple Choice

 Innovative products having attributes that appear to satisfy only a small subset of the market and often do not initially appear to be very compelling or valuable are referred to as

• A) sustainable technologies.
• B) core competencies.
• C) disruptive technologies.
• D) value propositions.

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Definitions:

Product Innovation

This involves creating new products or significant improvements in the existing products to meet consumer needs or open new markets.

R&D Expenditures

Investments in research and development, aimed at innovating and improving products or processes.

Rate of Return

The increase or decrease in value of an investment during a certain timeframe, shown as a percent of the investment's beginning price.

Interest-Rate Cost

The expense incurred by borrowers when they take out loans, represented as a percentage of the total loan amount charged over time.