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.

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Definitions:

Painting Department

The painting department is a specific section within a manufacturing or production company responsible for painting and finishing products.

Income

Income is the financial gain earned or received by an individual or entity, typically through work, investments, or business operations.

Departments

Distinct units within an organization, each focusing on a specific area of the business or a particular line of products or services.

Calculate

To determine or ascertain by mathematical methods; compute.