The Term ________ Refers to Initiatives, Such as Netflix in Movie

question 73

Multiple Choice

The term ________ refers to initiatives, such as Netflix in movie rentals and IKEA in furniture, which revolutionize how products are sold in an industry.

• A) product model modernism
• B) business model innovation
• C) feasibility analysis innovation
• D) value innovation
• E) opportunity innovation

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Definitions:

Written Argumentation

The process of using evidence and reasons to support claims in writing, aiming to persuade or inform the reader.

Key Elements

Fundamental components or aspects that are crucial for the structure, function, or understanding of a whole.

Pro And Con

Arguments or considerations for and against a certain decision, action, or proposition.

Arguments

Reasoned statements or claims intended to persuade or demonstrate a point of view on a specific topic.