Which of the Following Is True of Creative Destruction

question 20

Multiple Choice

Which of the following is true of creative destruction?

• A)It makes use of illegal innovations and techniques to displace established businesses.
• B)It presents newcomers with an opportunity to succeed against incumbents in an industry.
• C)It happens when technologies that provide process-streamlining advantages come to the fore.
• D)It increases the operational costs of the entire industry and reduces profits.

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Definitions:

Venography

An imaging procedure that involves injecting a contrast dye to visualize veins, used to detect clots or blockages.

Contrast Medium

A substance used in medical imaging to improve the contrast of structures or fluids within the body, making them more visible on scans.

Ionization

The process by which an atom or molecule acquires a negative or positive charge by gaining or losing electrons.

Wavelengths

The distance between corresponding points of two consecutive waves, often used in the contexts of light, sound, and other waves.