Crimson Inc

question 42

Multiple Choice

Crimson Inc. initially introduced a new gadget to the niche market. Eventually, other organizations provided the same product at a lower price. Hence, Crimson had to reduce the price of the gadget to the market price. This is an example of a ___________.

• A)disintermediation strategy
• B)low-end disruptive innovation
• C)differentiation strategy
• D)high-end disruptive innovation

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Definitions:

Negative Employment Messages

Communications from employers that convey unfavorable decisions or feedback, such as rejections or criticisms.

Social Networking Recommendation

Suggestions made on social media platforms about others to follow, content to see, or products to consider, often based on user behavior or preferences.

Job Applicant

An individual who expresses an interest in and applies for an open position within a company or organization.

Indirect Format

A communication or presentation style that employs subtlety and nuance, often using suggestions and implications rather than direct statements.