Low-End Disruptive Innovation Characteristic
CMAT 2023 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Which of the following characteristics belong to the low-end disruptive innovation?
- A.
It makes food products into better products
- B.
It delivers products at lower cost
- C.
It targets non consumption
- D.
It improves profit margins
Answer
B
Explanation
Low-end disruptive innovation focuses on providing products or services at a lower cost compared to incumbent offerings.
Related Innovation and Entrepreneurship questions
- #3885Legal Liquidator of Bankrupt FirmCMATINEMCQEasy
- #3886Definition of Mixed EconomyCMATINEMCQEasy
- #3887Bootstrapping Concept in BusinessCMATINEMCQEasy
- #3888RuPay Card IssuerCMATINEMCQEasy
- #3889DPIIT Startup Definition Turnover LimitCMATINEMCQMedium
- #3890Tez Payment App LaunchCMATINEMCQEasy
- #3891Passage on Venture Funding and Entrepreneurship AdviceCMATINESET · 9QMedium
- #3892Legal term for brandCMATINEMCQEasy
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace