Which of the Follow Represents a Form of Disruptive Technology

question 66

Multiple Choice

Which of the follow represents a form of disruptive technology?

• A)Enter the marketplace at the low end
• B)A new way of doing things that initially doesn't meet the needs of existing customers
• C)Tend to open new markets and destroy old ones
• D)All of the above are included

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Definitions:

Bad Debts Expense

An expense recognized on a company’s income statement, representing the amount of accounts receivable that is not expected to be collected due to customers' inability to fulfill financial obligations.

Uncollectibles

Accounts receivable that a company has determined are unlikely to be collected and writes off as a bad debt expense.

Allowance Method

An accounting technique that anticipates and adjusts for potential future bad debts or credit losses.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.