The Value Created by an Innovation Is

question 58

Multiple Choice

The value created by an innovation is

• A)shared equally among the players.
• B)determined by customer loyalty.
• C)captured by the player possessing the largest market share of the industry.
• D)distributed amongst the various players involved in no certain way.

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Definitions:

Hot Sensation

The subjective experience or feeling of heat, often as a response to temperature stimuli.

Itching Sensation

An uncomfortable sensation on the skin that provokes the desire to scratch the affected area.

Bottom-Up Processing

is an approach to information processing based on the input from the environment to form perception, without preconceived cognitive concepts.

Top-Down Processing

A cognitive process that uses context or general knowledge to understand and interpret information.