The Eiger Labs MPMan Was the First Mass-Produced MP3 Player

question 6

Multiple Choice

The Eiger Labs MPMan was the first mass-produced MP3 player sold in the United States.Eiger Labs was a __________ in the MP3 player market.

• A) pioneer
• B) early adopter
• C) blockbuster
• D) market tester
• E) concept tester

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Definitions:

Reverse Innovation

A strategy where products are initially developed for emerging markets and then adapted for more developed markets.

Disruptive Innovation

A term describing innovations that fundamentally change industry dynamics by introducing simplicity, convenience, accessibility, and affordability.

Transformational Innovation

Radical or groundbreaking changes in products, processes, or business models that significantly alter the dynamics of the marketplace or industry.

Incremental Change

Gradual modifications or improvements made over time to processes, products, or systems.