When a Firm Identifies Old Technologies That Can Be Exploited

question 223

Multiple Choice

When a firm identifies old technologies that can be exploited in new ways or develops new business models to give customers more than they've come to expect from current products in a specific market, it is engaging in

• A)the new-product development process.
• B)disruptive innovation.
• C)line extension.
• D)business analysis.
• E)concept testing.

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Definitions:

Commitment Level

The degree of dedication or loyalty an individual or group feels towards a cause, activity, or organization.

Desired Task

A specific objective or activity that an individual or group aims to complete or achieve.

Competent

Describes an individual or entity that is sufficiently skilled, knowledgeable, and capable of performing a specified task or role effectively.

Commitment

A state of being dedicated to a cause, activity, or goal, demonstrating a willingness to give one's time and energy.