Adaptive new entry involves offering a radical new product or highly innovative service.
Answer the following statement true (T) or false (F)
False
New entrants with a radical new product or highly innovative service may change the way business is conducted in an industry. This kind of breakthrough, creating new ways to solve old problems or meeting customer needs in a unique new way, is referred to as a pioneering new entry. An adaptive new entry approach does not involve reinventing the wheel nor is it merely imitative either. It involves taking an existing idea and adapting it to a particular situation.
You might also like to view...
The ratio of net income to net sales is the relationship presented by the ______________ ratio
Fill in the blank(s) with correct word
Which of the following ways to convey a brand's category membership relates to well-known, noteworthy brands in a category helping a brand specify its category membership?
A) comparing to exemplars B) communicating deliverability variables C) identifying counter examples D) announcing category benefits E) relying on the product descriptor
Trend analyses are typically used as preliminary analytical procedures related to debt obligations
a. True b. False Indicate whether the statement is true or false
?Starbucks strives to make its cups from recyclable materials, to give back to the communities where it has stores, to aid the communities where the coffee beans are harvested, and to reduce its environmental impact. Starbucks promotes
A. ?sustainability. B. ?productivity. C. ?displacement. D. ?flexibility.