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Question 3Innovations must be radical and disruptive in order to be viable for new company creation.1 pointTrueFalse

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Question 3Innovations must be radical and disruptive in order to be viable for new company creation.1 pointTrueFalse

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Solution

False

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

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Companies use technological changes such as consumer databases, blogs, and social networking in order to develop products that Blank______.Multiple choice question.result in profitabilityare easy to producecan be sold globallymeet consumer needs

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