Answered step by step
Verified Expert Solution
Question
1 Approved Answer
True or false questions 2 3 . Disruptive innovations don t need to perform better than incumbents; they simply need to perform well enough to
True or false questions
Disruptive innovations dont need to perform better than incumbents; they simply need to perform well enough to appeal to their customers and often do so at a lower price
Many disruptive firms were started by former employees of the disrupted giants.
Identifying and nurturing potentially disruptive technologies requires constant vigilance and relentless and broad environmental scanning.
At the start, profit margins for disruptive innovations are usually worse than those for incumbent technologies.
Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially disruptive technologies than those that experiment with products that existing customers do not demand.
True or false: Those early customers for a disruptive technology are part of a different value network than anything addressed by incumbent market leaders.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started