Which of the following characterize disruptive technology? (select all that apply, omit those that do not) a) Provides improvements that customers expect and are eager to buy. b) A new way of doing things that initially doesn't meet the needs of existing customers c) Enter the marketplace at the high cost/high profit end. d) Tend to open new markets and destroy old ones

Question

Business

Devyn Franco

11 February, 09:01

Which of the following characterize disruptive technology? (select all that apply, omit those that do not) a) Provides improvements that customers expect and are eager to buy. b) A new way of doing things that initially doesn't meet the needs of existing customers c) Enter the marketplace at the high cost/high profit end. d) Tend to open new markets and destroy old ones

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Answers (1)

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Malik · Answer 1

The correct answer is option b and option d.

Explanation:

Disruptive technology can be defined as an innovation that changes the way consumers, businesses and producers operate. It possesses superior attributes and thus sweeps away or destroys the systems or habits it replaces.

For instance, online news sites, GPS systems, e-commerce, ride sharing apps etc.