A Product That Disrupts Consumers' Normal Routines but Does Not

question 244

Multiple Choice

A product that disrupts consumers' normal routines but does not require totally new learning is a

• A)continuous innovation.
• B)dynamically continuous innovation.
• C)discontinuous innovation.
• D)progressive innovation.
• E)disruptive innovation.

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Definitions:

Hedging

A risk management strategy used to offset potential losses in investments by taking an opposite position in a related asset.

Price Fluctuations

Variations in the price levels of goods, services, or assets in a market over a period of time.

Financial Risk

Financial risk involves the potential of losing financial resources or assets due to business activities, including market fluctuations, credit risk, and liquidity risk.

Fixed-Rate

Pertains to loans, mortgages, or other financial products that have an interest rate that remains constant for the entire term of the loan.