Organisations pursue disruptive innovation at the higher tier of their markets because this is what has historically helped them succeed. Group of answer choicesTrueFalse

A disruptive innovation transforms any type of innovation that historically was expensive and complicated into an innovation that is affordable, simple, and available to broader markets.Group of answer choicesTrueFalse

Disruptive innovations are often created by startups and small businesses that are not afraid to challenge the big players. They start by targeting a small or underserved market, and then they gradually move upmarket as their product or service improves

When faced with a disruptive technology, incumbent firms are usually pushedto move upmarket and compete in the marketplace where the new disruptive technology has not yet reached the capability requirements. 1 pointTrueFalse

In the context of innovation, what does "Disruptive Innovation" refer to?OPTIONS Incremental changes and improvements to existing products. Completely replacing old products with new ones. Radical innovations that create new markets and value networks. Innovations that have no impact on the market.

Established firms’ responses to disruptive technology are generally ineffective due to a failure to explore the new technology.1 pointTrueFalse