1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
1 year ago
11

the creation of new products and production methods that completely destroys the market positions of firms that are wedded to ex

isting products and older ways of doing business is called .
Business
1 answer:
aliya0001 [1]1 year ago
4 0

Creative destruction is the creation of new products and production methods that completely destroy the market positions of firms wedded to existing products and older ways of doing business.

Creative destruction is the constant process and product innovation mechanism through which new production models replace obsolete ones. This restructuring process pervades the main features of macroeconomic performance, including lengthy growth and changes in the economy, structural adjustment, and factor market functioning.

Over time, the practice of creative destruction is responsible for more than half of all productivity growth. Restructuring typically decreases during recessions at business cycle frequency, adding a massive expense to downturns. Obstacles to the creative destruction process can have serious long- and short-term macroeconomic consequences.

To learn more about creative destruction: brainly.com/question/15718116

#SPJ4

You might be interested in
If you pay the balance on your credit card each month, the _____ is the most important factor to consider when selecting a credi
aivan3 [116]
If you pay the balance on your credit card each month, the annual fee is the most important factor to consider when selecting a credit card. This is because all the other fees listed only occur if you carry over your balance. 
5 0
4 years ago
Context content and culture are
Black_prince [1.1K]

Complete Question:

Context, content and culture are:

O Important ethical concepts

O Important marketing concepts

O Corporate ethics policy

O Three dimensions of evaluating corporate gifts.

Answer:

Context, content and culture are:

O Three dimensions of evaluating corporate gifts.

Explanation:

Corporate gifts may turn out to be regarded as bribery if they are meant to induce the other party to alter their behaviors.  This is why in evaluating corporate gifts, the criteria have always included the context (the circumstances in which the gifts are given), the content (how much is given), and the culture (the accepted general practice in a particular industry, locality, or region).  Generally, corporate gifts are given either as means of showing appreciation, creating positive first impression, or returning some favors.

8 0
3 years ago
To create a balanced budget, one must balance needs against what
mamaluj [8]
To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
8 0
4 years ago
Read 2 more answers
What percentage of people in africa rely on solid fuel for cooking? 50% 60% 70% 80%?
Keith_Richards [23]
The <span>percentage of people in Africa that rely on solid fuel for cooking is 80%</span>
3 0
3 years ago
When you make a mistake in paint, you can reverse up to your last ______ actions?
Juli2301 [7.4K]
Stroke action i believe
6 0
3 years ago
Other questions:
  • Which replacement for the boldfaced words is​ best? barrigan was no fool.​ nevertheless, barrigan tried to repair the roof that
    13·1 answer
  • Lattimer Company had the following results of operations for the past year: Sales (15,000 units at $12.15) $ 182,250 Variable ma
    6·2 answers
  • A team is working on a cutting-edge technology, and does not have a lot of familiarity with the technical environment. As a resu
    13·1 answer
  • In competitive markets, a surplus or shortage will select one:
    5·1 answer
  • The two basic types of hedges involving the futures market are long hedges and short hedges, where the words "long" and "short"
    6·1 answer
  • As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential.
    13·1 answer
  • On January 1, 2014, Ball Co. exchanged equipment for a $500,000 zero-interest-bearing note due on January 1, 2017. The prevailin
    5·1 answer
  • Shari is trying to decide how she should use her cash birthday gifts. Her choices are new clothes, a concert ticket, or donating
    8·2 answers
  • When reimbursing the petty cash fund: Multiple Choice Cash is debited. Petty Cash is credited. Petty Cash is debited. No expense
    11·1 answer
  • Changes in Growth and Stock Valuation Consider a firm that had been priced using a 10 percent growth rate and a 13 percent requi
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!