Multiple Choice
An automobile manufacturer creates high-performance products, which are new in the market. Since the product offers features that are unique, customers were willing to pay a high price for the product. However, after a couple of months, other brands offered the same features at a lower price, which made the innovators reduce the price as well. Which of the following innovations is being exemplified in this scenario?
A) A disintermediation strategy
B) A low-end disruptive innovation
C) A customization strategy
D) A high-end disruptive innovation
Correct Answer:
Verified
Correct Answer:
Verified
Q35: The cross-sell strategy involves offering a _.<br>A)paid
Q36: Which of the following statements is true
Q37: Creating new demand in an uncontested market
Q38: Explain the four stages of the product
Q39: Which of the following statements is true
Q41: Strategies that draw on more radical innovations
Q42: Crimson Inc. initially introduced a new gadget
Q43: A radical innovative strategy in which companies
Q44: Inks Corp. is a manufacturer of pens.
Q45: Identify a true statement about bundling strategy.<br>A)It