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Which of the Following Statements Is True of a Firm

Question 60

Multiple Choice

Which of the following statements is true of a firm that creates a radical innovation?


A) It focuses on the established knowledge base of a firm to deliver value.
B) It relies on existing technologies and resources to create a new product.
C) It employs a fundamentally different business model than its rivals.
D) It aims to sustain its current product offering and revenues.

Correct Answer:

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