/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q 51. What are some examples of innova... [FREE SOLUTION] | 91影视

91影视

Log out

Learning Materials

Features

Discover

Chapter 21: Q 51. (page 523)

What are some examples of innovative products

that have disrupted their industries for the better?

Short Answer

Expert verified

There are various examples of disruptive innovation which are good.

Step by step solution

01

Step 1. Definition

Innovative products are the products that can inaugurate new technologies or a new way to do or to have something. This term innovative disruption is coined by late academic and consultant Clayton M. Christensen.

02

Step 2. Explanation

These are some examples of disruptive innovation in today's time:

1). Netflix

Netflix is a very great example of a victorious disruptive innovation strategy. From start, it used to be a company that supplies DVDs, and now it offers a pennywise and convenient product to a region of the market that was previously not targeted.

2). iTunes

The combination of iTunes with iPod is the perfect example of disruptive innovation because it locked iPod users to apple products. As it offered convenience and the least price point at which an iPod user buys iTunes. And as a result, Walkman鈥檚, CDs, DVDs, mp3 are all considered to be classical artifacts in present days.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91影视!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

If opening up to free trade would benefit a nation, then why do nations not just eliminate their trade barriers, and not bother with international trade negotiations?

Why is trade a good thing if some people lose?

From the Work It Out "Effects of Trade Barriers," you can see that a tariff raises the price of imports. What is interesting is that the price rises by less than the amount of the tariff. Who pays the rest of the tariff amount? Can you show this graphically?

Show graphically that for any tariff, there is an equivalent quota that would give the same result. What would be the difference, then, between the two types of trade barriers?

If trade barriers hurt the average worker in an economy (due to lower wages), why does the government create trade barriers?
See all solutions

Recommended explanations on Economics Textbooks

Taxation Economics

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.