_____ Refers to Innovations in Products or Services That Typically

question 1

Multiple Choice

_____ refers to innovations in products or services that typically start small and end up completely replacing an existing product or service technology for producers and consumers.

• A)Disruptive innovation
• B)Organizational innovation
• C)Open innovation
• D)Culture innovation

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Definitions:

Ownership Interest

Refers to the portion of a property or company that is owned by a specific investor or owner.

Real Asset

A tangible object with value derived from the service it provides such as a house or a car. Distinguish from a financial asset, which is a piece of paper giving its owner a claim to future cash flows.

Equipment

Assets used in the operations of a business, typically consisting of machinery, tools, and vehicles.

Stock

Ownership shares in a corporation, representing a claim on part of the corporation's assets and earnings.