Products that are new-to-the-world create a fundamental change in the marketplace and are known as ________.
A) technological transformations
B) convenience goods
C) core products
D) disruptive innovations
E) enhanced products

Question

Quizplus · Accepted Answer

New-to-the-world products create a significant impact on the marketplace by disrupting the existing industries and changing the way people lead their lives. Such products are known as disruptive innovations. Examples include the advent of smartphones, electric cars, and online streaming services. These products create new markets, change the behavior patterns of consumers, and pose a significant threat to established players in the industry.

Products That Are New-To-The-World Create a Fundamental Change in the Marketplace