Question: A product that operates 4 0 % more efficiently and costs 1 0 % less to produce than preceding models is an example of business

A product that operates 40% more efficiently and costs 10% less to produce than preceding models is an example of
business model innovation.
disruptive innovation.
reverse innovation.
product innovation.
A product that operates 40% more efficiently and costs 10% less

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Journal of Open Innovation: Technology, Market, and Complexity MDPI Article Emerging Technology and Business Model Innovation: The Case of Artificial Intelligence Jaehun Lee 1.", Taewon Suh , Daniel...

Q:

Great post! I think you make a great point on how Genzyme should diversify into other available areas. However, my recommendation for Genzyme's future success would be to expand in it's current...

Q:

\fDiscussion posts on Eli Lilly Case open statement Post 1 - What the consumer is looking for really using? It can be so tricky for a company to truly define the \"very final\" use of the product /...

Q:

Review the themes and summaries of the special issue in the attached article The Relevance of Innovation for Ethics , Responsibilities and Sustainability. What ethical frameworks are inherent among...

Q:

A Case Study of the Navy ABSTRACT We present here a case study of an organization within the U.S. Navy that created a new organizational construct and performance management system. We explore the...

Q:

undefined GREENYARD FROZEN: DEVELOPING CAULIFLOWER RICE AS AN OPEN INNOVATION PROJECT FOR SUSTAINABILITY On the cold morning of Thursday, March 14, 2019, Valentijn Verhaeghe, the convenience business...

Q:

FORD: AN ALJTO COMPANY IN TRANSITION In January 2019, the Ford Motor Company celebrated as the F-Series line of pickups became the top-selling trucks in the United States for the 42nd consecutive...

Q:

FORD: AN ALJTO COMPANY IN TRANSITION In January 2019, the Ford Motor Company celebrated as the F-Series line of pickups became the top-selling trucks in the United States for the 42nd consecutive...

Q:

FORD: AN ALJTO COMPANY IN TRANSITION In January 2019, the Ford Motor Company celebrated as the F-Series line of pickups became the top-selling trucks in the United States for the 42nd consecutive...

Q:

Entrepreneurial innovation: The importance of context The purpose of this article and the special issue is to improve our understanding of the theoretical, managerial, and policy implications of...

Q:

Basic arranging is an expert arranging discipline that blueprints with the game plan, progression, and upkeep of the physical and normally made climate, including public works like streets, ranges,...

Q:

Atlanta Airlines routinely overbooks its flight from Atlanta to Boston. Overbooking discounted seats can be expensive because providing a bumped passenger with a last-minute flight on a competing...

Q:

What happens during a "capital call"? Startups request additional funding LPs are required to fulfill their funding commitments VCs liquidate underperforming investments Founders sell personal shares

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...