________ Create a New Market by Initially Reaching New Customers

question 39

Multiple Choice

________ create a new market by initially reaching new customers through displacing an existing market's low-end product. 

• A)Distinctive competencies
• B)Discontinuous innovations
• C)Disruptive innovations
• D)Synergy analysis frameworks
• E)Continuous innovations

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Definitions:

Interest Groups

Parties or organizations other than direct competitors that have some vested interest in how an organization is managed.

Organizational Effectiveness

A measure of how successfully an organization achieves its goals and objectives.

Resource Dependency

A theory that suggests organizations depend on resources in their environment to survive, which influences their behavior and strategies.

Environmental Uncertainty

The extent to which an organization lacks information about its external environment, making it difficult to predict future events or trends.