Which of the following statements is true about new entrants in the context of a technological paradigm shift?
A) New entrant often face the risks of product cannibalization.
B) Pressures to continue the existing out-of-date business model hamstring new entrants.
C) New entrants do not need to worry about their established customer base.
D) It is difficult for new entrants to focus all their energies on the opportunities offered by the new disruptive technology.
E) New entrants are not constrained by lack of capital.

Question

Quizplus · Accepted Answer

New entrants typically do not have an established customer base to worry about, allowing them to focus on leveraging new technologies without the constraints faced by incumbents.

Which of the Following Statements Is True About New Entrants