Which of the Following Statements Is True of Disruptive Innovations

question 16

Multiple Choice

Which of the following statements is True of disruptive innovations?

• A) They always involve chaos and upheaval.
• B) They introduce wholly new processes and services.
• C) They primarily improve existing products and services.
• D) They imply shallow incremental change.

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Definitions:

Wage Increase

An upward adjustment in the compensation that workers receive for their labor, typically as a result of negotiations, economic conditions, or to match inflation rates.

Unionized Bottling Plant

A unionized bottling plant refers to a bottling facility where the workers are represented by a labor union, often influencing wages, working conditions, and negotiations.

Employment Of Labor

The engagement of individuals to perform tasks for wages or salary in various sectors and industries within an economy.

Input Markets

Markets where factors of production (such as labor, materials, and capital) are bought and sold.