Newer companies create ________ that are cheaper and more likely to alter the competitive space. Established companies can be slow to react or invest in these technologies because they threaten their investment.

Question

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The term "disruptive technologies" refers to new and innovative products or services that disrupt an existing market and create a new one. They are often cheaper and more accessible than existing products, and established companies may be slow to react or invest in them because they threaten their existing investments. As a result, newer companies that are more agile and willing to take risks can gain a competitive advantage by introducing disruptive technologies.

Newer Companies Create ________ That Are Cheaper and More Likely