Question

Innovative entrepreneurs and their business firms that destroy existing business models are referred to as ________.A) crowdfundersB) venture capitalistsC) disruptorsD) angel investors

Answer 1

Answer: C) disruptors

Explanation:

Disruptors as the term implies, tend to disrupt the normal way of doing things by creating new and more efficient methods of production that will usurp the dominance of those are the top such that they eventually take over the industry.

In coming up with new ways of doing things, these disruptors are innovators and they are usually entrepreneurs who are not weighed down by the belief that the industry should work in a certain way and so they are more open to coming up with these new ideas that are so disruptive.