Product That Disrupts Consumers' Normal Routines but Does Not Require

question 229

Multiple Choice

product that disrupts consumers' normal routines but does not require totally new learning is a

• A) continuous innovation.
• B) discontinuous innovation.
• C) dynamically continuous innovation.
• D) partial innovation.
• E) disruptive innovation.

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Definitions:

Permanent Loss

A decrease in the value of an asset or investment that is not expected to be recovered over time.

Equity Method

A financial recording method where investments in other firms are initially noted at their purchase price and later updated to represent the investor's portion of the investee's profits or losses.

Fair-Value Method

An accounting approach where assets and liabilities are recorded at their current market values rather than their original cost.

Goodwill

An intangible asset arising when a company acquires another for a price higher than the fair market value of its net assets.