Multiple Choice
Which of the following best describes the notion of creative destruction?
A) the process whereby goods developed to meet the needs of LDCs are repackaged as low-cost innovative goods for rich countries
B) innovations that create a new market and value network, displacing established firms, products, and alliances
C) the desired break in existing patterns of behavior in response to a highly creative message
D) the termination of old technologies or ways of doing things to make way for new ones, at the risk of hurting some groups in society
Correct Answer:

Verified
Correct Answer:
Verified
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