The ________ Are Hurt by Importing a Good

question 172

Multiple Choice

The ________ are hurt by importing a good.

• A) domestic consumers of the good
• B) domestic producers of the good
• C) domestic governments
• D) foreign producers of the good
• E) foreign governments

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Definitions:

Discontinuous Innovation

A groundbreaking innovation that significantly changes existing markets or creates new ones by introducing a novel product or service.

Continuous Innovation

Ongoing efforts to improve products, services, or processes, which can help organizations stay competitive and meet customers’ evolving needs.

Dynamically Continuous Innovation

Dynamically continuous innovation involves significant changes to existing products or processes, making improvements while not requiring consumers to learn entirely new behaviors.

Discontinuous Innovation

A type of innovation that creates a significant change and often creates a completely new market or drastically alters an existing one.