All of the Following Are Possible Strategies That Will Provide

question 115

Multiple Choice

All of the following are possible strategies that will provide a solid basis for identifying market opportunities except ________.

• A) new-market creation
• B) new-market disruption
• C) low-end disruption
• D) high-end disruption

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Definitions:

Extracting Oil

The process of removing crude oil from the earth through drilling or other methods to use as an energy source or in various industrial applications.

Shale

A fine-grained sedimentary rock that can contain significant amounts of oil and natural gas within its layers.

User Cost

The economic cost of using a good or service, including the opportunity cost of not having the good available for future use.

Extraction Cost

The expenses associated with the removal of resources or raw materials from the earth, such as mining, drilling, or quarrying.