For a Low-End Disruptive Innovation Strategy to Work,which of the Following

question 30

Multiple Choice

For a low-end disruptive innovation strategy to work,which of the following requirements must be met?

• A)There needs to be customers at the low end of the market who are eager to purchase a "good enough" product for a lower price.
• B)The company must be able to create a business model to make profits at a discount price.
• C)Both a and b.
• D)Neither a or b.

---

Definitions:

World Price

The international market price at which goods can be bought or sold, often used in the context of trade policies and competition.

Tariff Revenue

is the income generated by a government from the imposition of tariffs, which are taxes on imported goods.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries or to generate revenue.

United States

A country located in North America known for its diverse culture and significant influence in world politics, economy, and culture.