A Disruptive Innovation Is ________

question 53

Multiple Choice

A disruptive innovation is ________.

• A) a new product or service that is harmful to the society or the people
• B) a method used in production that raises environmental concerns
• C) a new product or service that has the potential to reshape an industry
• D) an immediate response to a difficulty or a threat to a product or service

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Definitions:

Market Price

The market price at which you can currently buy or sell an asset or service.

Cash Deal

A transaction where the payment for a good, service, or acquisition is made entirely with cash instead of financing or stock exchanges.

Fair Market Value

The price at which an asset would trade in a competitive auction setting, reflecting the value of an asset in the open market.

Fixed Assets

Long-term tangible assets used in the operations of a business and not expected to be converted to cash within a year.