Which of the Following Statements Is True of a Firm

question 60

Multiple Choice

Which of the following statements is true of a firm that creates a radical innovation?

• A)It focuses on the established knowledge base of a firm to deliver value.
• B)It relies on existing technologies and resources to create a new product.
• C)It employs a fundamentally different business model than its rivals.
• D)It aims to sustain its current product offering and revenues.

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Definitions:

Radio Transmission Waves

Electromagnetic waves used in wireless communication systems to transmit information through the air without requiring a direct line of sight.

Weber's Law

A principle in psychology that states the change required to notice a difference between two stimuli is proportional to the original intensity of the stimulus.

Sensory Adaptation

This refers to the reduction in sensitivity to a stimulus after constant exposure to it.

Sleep Deprivation

A condition resulting from not getting enough sleep, which can affect mental, physical, and emotional health.