Empirical Marketing (FEB12018X) Quiz
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Questions and Answers

Which aspect is considered as a driver of adoption when explaining new offerings' diffusion rates?

  • Customer demographics
  • Psychology (correct)
  • Competition levels
  • Market saturation

What is the main reason why companies often find it challenging to invest in disruptive innovations?

  • Higher profit margins in sustaining innovations (correct)
  • Strong customer demand for disruptive innovations
  • Lack of growth targets
  • Insufficient technological expertise

How does competition impact companies regarding disruptive innovations?

  • Facilitates customer acquisition
  • Leads to market saturation
  • Promotes undersupplying performance (correct)
  • Encourages investment in disruptive technologies

What strategy is suggested to help companies navigate the challenge of investing in disruptive innovations?

<p>Set up an autonomous organization dedicated to disruptive innovations (A)</p> Signup and view all the answers

In the context of innovation, what does SCA stand for?

<p>Sustainable Competitive Advantage (A)</p> Signup and view all the answers

What role does marketing play in the context of innovation?

<p>Driving adoption rates for new offerings (B)</p> Signup and view all the answers

What is a crucial factor that biases firms toward larger markets rather than investing in disruptive innovations?

<p>Growth targets (C)</p> Signup and view all the answers

What should companies consider when explaining the diffusion rates of new offerings?

<p>Adoption drivers including people and psychology (B)</p> Signup and view all the answers

Why do companies need to set up autonomous organizations dedicated to building businesses around disruptive innovations?

<p>To address challenges in investing in disruptive opportunities (C)</p> Signup and view all the answers

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