It's usually easier to convince customers to adopt a continuous innovation than a discontinuous innovation
Indicate whether the statement is true or false
TRUE
You might also like to view...
A firm obtains cash from all of the following except for:
a. short-term borrowing. b. issuing common shares. c. issuing preferred shares. d. paying dividends to shareholders. e. long-term borrowing.
Which of the following is not an example of a recent vending machine-related innovation?
a. electronic cash-handling mechanisms b. microprocessors that track consumer preferences and trace malfunctions c. voice synthesizers d. theft-resistant vending machines
If the principal and agent agree in advance how long their relationship will last, their agreement is called
a. an agency at will. b. an agency of purpose. c. an express agreement. d. a term agreement.
Setup costs ______.
a. are the costs of setting up retail operations b. are the costs of changing production from one item to another c. are usually higher than holding costs d. are the same as storage costs