Question

There are two types of disruptive business models ______ and ______. a. High end and low endb. New product and new marketc. New market and low endd. New channel and high qualitye. Standard and unique

Answer 1

Answer:

The correct answer is letter "A": High end and low end.

Explanation:

Disrupting businesses are those whose creation represents the replacement of a product or service in the market. Streaming movie services such as Netflix, for instance, lead Blockbuster to bankruptcy. High-end disruption occurs when the innovation fulfills a need that companies in the market were not able to fulfill. Low-end disruption occurs when the innovation that is introduced by a company is greater than the rate at which consumers can adopt the new product.