Multiple Choice Question
A business model in which companies can obtain a large part of their revenues by selling a small number of units from among almost unlimited choice is referred to as .
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A business model in which companies can obtain a large part of their revenues by selling a small number of units from among almost unlimited choice is referred to as .
Answer ModeMultiple Choice QuestionYour Answer correctA business model in which companies can obtain a large part of their revenues by selling a small number of units from among almost unlimited choice is referred to as Blank______.Multiple choice question.the short leashthe shakeout stage...
Read MoreCreating new products out of new or existing ideas is known as .
Answer ModeMultiple Choice QuestionYour Answer correctCreating new products out of new or existing ideas is known as Blank______.Multiple choice question.inventioncorrectinnovationReason: Innovation is the entire process of inventing, marketing, and delivering a new product or service...
Read MoreTrue or false: Innovation can create value for one firm while destroying value for another.
Answer ModeTrue or False QuestionYour Answer correctTrue or false: Innovation can create value for one firm while destroying value for another.True false question.TruecorrectFalseReason: Innovation can simultaneously create and destroy value.Correct AnswerQuestionTrue...
Read MoreThe four-step innovation process begins with .
Answer ModeMultiple Choice QuestionYour Answer correctThe four-step innovation process begins with Blank______.Multiple choice question.inspirationinventionimaginationan ideacorrectCorrect AnswerQuestionan idea...
Read MoreWhen a company introduces a new product or process or business model with the intent of gaining a competitive advantage, that company is engaging in .
Answer ModeMultiple Choice QuestionYour Answer correctWhen a company introduces a new product or process or business model with the intent of gaining a competitive advantage, that company is engaging in Blank______.Multiple choice question.innovationcorrectfranchisingbrandingcost controlCo...
Read MoreSelect all that apply
Which are the four steps of the innovation process?
Answer ModeMultiple Select QuestionYour Answer correctWhich are the four steps of the innovation process?Multiple select question.ideacorrectinventioncorrectinnovationcorrectimitationcorrectimaginationinstigationCorrect AnswerQuestionideainventioninnovationimitation...
Read MoreWhich statement best describes the speed of innovation over the past hundred years?
Answer ModeMultiple Choice QuestionYour Answer correctWhich statement best describes the speed of innovation over the past hundred years?Multiple choice question.It has increased moderately.It has grown at a slow but steady pace.It has been relatively stagnant.It has accelerated dramatically.co...
Read MoreWhich statement describes the long tail?
Your Answer correctWhich statement describes the long tail?Multiple choice question.A small amount of revenue derived from a large number of units among a small number of choicesA small amount of revenue derived from a small number of units among almost unlimited choicesA large amount of revenu...
Read MoreThe negative effect of innovative ride-sharing services, such as Uber and Lyft, on traditional taxi cab companies is an example of:
Answer ModeMultiple Choice QuestionYour Answer correctThe negative effect of innovative ride-sharing services, such as Uber and Lyft, on traditional taxi cab companies is an example of:Multiple choice question.corporate social responsibility.peer management.an adoption process.creative destruct...
Read MoreSelect all that apply
What statements about innovation are true?
Answer ModeMultiple Select QuestionYour Answer correctWhat statements about innovation are true?Multiple select question.It can make existing products or businesses obsolete.correctIt can provide firms with a competitive advantage.correctIt can never be a basis for competitive advantage.It can ...
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