_______________________are less-expensive and simpler versions of existing products and services that target entirely new customers, many times replacing industry leaders.

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Disruptive innovations are less-expensive and simpler versions of existing products and services that target entirely new customers, many times replacing industry leaders. This term was coined by Clayton Christensen in his book "The Innovator's Dilemma" and has since become a popular concept in business strategy.

_______________________Are Less-Expensive and Simpler Versions of Existing Products and Services