When a Disruptive Innovation Is First Introduced to the Market,it

question 9

True/False

When a disruptive innovation is first introduced to the market,it is generally inferior in performance relative to what currently exists.

---

Definitions:

Produced

Refers to goods that have been completed through the manufacturing process and are ready to be sold or distributed.

Sold

The completed action of transferring ownership of goods or services to a buyer in exchange for payment.

Mixed Cost

Mixed cost refers to a cost that contains both variable and fixed cost components, which vary depending on the level of activity.

Utility Costs

Expenses incurred for essential services such as electricity, water, gas, and sewage.