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Which of the Following Is True of Creative Destruction

Question 20

Multiple Choice

Which of the following is true of creative destruction?


A) It makes use of illegal innovations and techniques to displace established businesses.
B) It presents newcomers with an opportunity to succeed against incumbents in an industry.
C) It happens when technologies that provide process-streamlining advantages come to the fore.
D) It increases the operational costs of the entire industry and reduces profits.

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