Asked by mason Landborg on Sep 28, 2024
Which of the following requires substantial changes in consumption patterns?
A) dynamically discontinuous innovations
B) continuous innovations
C) discontinuous innovations
D) incremental innovations
Dynamically Discontinuous Innovations
Innovations that significantly alter the market dynamics or how consumers interact with a product or service category.
Discontinuous Innovations
Innovations that introduce a fundamental change by creating entirely new markets or revolutionizing existing ones, often disrupting the status quo.
Continuous Innovations
Ongoing updates and improvements to products, services, or processes that are aimed at sustaining competitiveness and meeting evolving market demands.
- Identify types of innovations based on their impact on consumer behaviors and market patterns.
Learning Objectives
- Identify types of innovations based on their impact on consumer behaviors and market patterns.
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