Which of the Following Products Is NOT a Recent Example

question 73

Multiple Choice

Which of the following products is NOT a recent example of a disruptive innovation?

• A)Wrigley's Alert Energy Caffeine Gum
• B)Wikipedia
• C)Samsung's liquid crystal displays (LCD)High Definition televisions (HDTVs)
• D)Apple's iPad and iPad mini tablet devices
• E)Cree's light emitting diode (LED)light bulbs

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Definitions:

Purchase Price

The amount of money paid to buy goods or services.

Merchandise Inventory

Goods or products that a retailer or wholesaler has purchased and intends to sell to customers.

Periodic System

An inventory system where inventory levels are updated in the accounting records on a periodic basis, typically at the end of an accounting period, rather than after each purchase or sale.

LIFO Method

The "Last In, First Out" inventory valuation method, where the most recently produced items are recorded as sold first.