Examples of low-cost probes or experiments in product development include which of the following?
A) Development of experimental products for new markets.
B) Conducting regular planning sessions on the future.
C) Increase understanding of future customer needs by entering into strategic alliances with leading-edge customers.
D) All of the answer choices.
Question 2
For a low-end disruptive innovation strategy to work, which of the following requirements must be met?
A) There needs to be customers at the low end of the market who are eager to purchase a good enough product for a lower price.
B) The company must be able to create a business model to make profits at a discount price.
C) Both there needs to be customers at the low end of the market who are eager to purchase a good enough product for a lower price and the company must be able to create a business model to make profits at a discount price.
D) None of the answer choices.
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