What Does the Term "Creative Destruction" Refer To

question 81

Multiple Choice

What does the term "creative destruction" refer to?

• A) Old, inefficient companies being driven out of the market by new ones
• B) Entrepreneurs that lack management skills
• C) Organization that focus too much on creativity so as to ignore the bottom line
• D) Obsolete products that never make it to market

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Definitions:

Inner Portion

Refers to the internal part or area of something, often implying a core or central component.

Pupil

The adjustable opening in the center of the eye through which light enters, and whose size is regulated by the iris.

Physical Development

The process that starts in human infancy and continues into late adolescent concentrating on gross and fine motor skills as well as puberty.

Advancing Years

A phrase referring to the process of aging or getting older, often associated with gaining experience and wisdom but also facing physical and cognitive changes.