Multiple Choice Question
Which of the following statements about platform business is true?
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Which of the following statements about platform business is true?
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Read MoreThe business structure that is linear and has producers at one end and consumers at the other is known as a(n) .
Answer ModeMultiple Choice QuestionYour Answer correctThe business structure that is linear and has producers at one end and consumers at the other is known as a(n) Blank______.Multiple choice question.innovation ecosystemplatformReason: A platform is not a linear structure.pipelineco...
Read MoreAn incumbent firm in a winner-take-all market will typically seek to extend the time it can extract profits through .
Your Answer correctAn incumbent firm in a winner-take-all market will typically seek to extend the time it can extract profits through Blank______.Multiple choice question.a focus on radical innovationsReason: Any radical innovations would threaten the firm's dominant position.an atte...
Read MoreA disruptive innovation typically requires a(n) approach to capturing the market.
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Read MoreInnovations that target NEW markets and represent a major break from existing technologies or ways of thinking, such as the digital camera, the touch-screen smart phone, or the decoding of the human genome, are examples of innovations.
Answer ModeMultiple Choice QuestionYour Answer correctInnovations that target NEW markets and represent a major break from existing technologies or ways of thinking, such as the digital camera, the touch-screen smart phone, or the decoding of the human genome, are examples of Blank______&n...
Read MoreWhich type of innovation uses new technologies to invade an existing market from the bottom up?
Your Answer correctWhich type of innovation uses new technologies to invade an existing market from the bottom up?Multiple choice question.disruptivecorrectincrementalradicalarchitecturalCorrect AnswerQuestiondisruptive...
Read MoreThe most common type of innovation is innovation.
Answer ModeMultiple Choice QuestionYour Answer correctThe most common type of innovation is Blank______ innovation.Multiple choice question.disruptiveradicalReason: Radical innovation, which requires developing a new technology for a new market, is relatively uncommon.technologic...
Read MoreAn architectural innovation is .
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Read MoreWhat question is asked along the horizontal axis of the markets-and-technology framework?
Answer ModeMultiple Choice QuestionYour Answer correctWhat question is asked along the horizontal axis of the markets-and-technology framework?Multiple choice question.Is the innovation radical or disruptive to current technologies?Is the innovation architectural in design or incremental?Does t...
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