Which of the following refers to a product innovation that requires a major change in the way consumers live and creates a new m

Question

3 years ago

12

Which of the following refers to a product innovation that requires a major change in the way consumers live and creates a new m

arket and value chain? A. Continuous design thinking B. Disruptive innovation C. Convergent thinking D. First mover advantage E. Ideation

Social Studies

1 answer:

Leni [432] · Answer 1 · 2022-04-02T18:08:10+03:00

Answer:

B. Disruptive innovation

Explanation:

A disruptive innovation is an innovation whose application affects how a market or industry functions significantly, it requires a major change in the way consumers live and creates a new market and value chain. Examples of disruptive innovation are; the internet, radio, smart phones, steel mini mills, etc.