A Disruptive Technology Produces an Improved Product Customers Are Eager

question 96

True/False

A disruptive technology produces an improved product customers are eager to buy, such as a faster car or larger hard drive.

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Definitions:

Specifications

Detailed descriptions or guidelines defining requirements, dimensions, materials, or performance criteria for projects, products, or services.

Comply

To act according to an order, set of rules, or request.

Market Price

The current price at which an asset or service can be bought or sold in the marketplace.

Balloons

Financial term referring to a lump-sum payment due at the end of a loan term or payment plan, typically much larger than the preceding installments.