Which of the Following Types of Innovation Is Likely to Create

question 59

Multiple Choice

Which of the following types of innovation is likely to create new and often unexpected markets?

• A)sustaining innovation
• B)disruptive innovation
• C)incremental innovation
• D)gradual innovation

Familiarity with the basic structure of biologically significant compounds such as prostaglandins.

Ability to identify and circle isoprene units in complex organic molecules.

Understand the concept of information asymmetry and its impact on market transactions.

Recognize the primary standards for measuring nonprofit performance.

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Definitions:

Subjective Utility

The perceived value or benefit of an action or choice to an individual, based on personal preferences and feelings.

Expected Value

A statistical concept representing the average outcome of a random event when the process is repeated many times.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Relevant Instances

Specific examples or cases that are directly connected to the subject matter being discussed or analyzed.