Empirical Marketing (FEB12018X) Quiz

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9 Questions

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

Psychology

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

Higher profit margins in sustaining innovations

How does competition impact companies regarding disruptive innovations?

Promotes undersupplying performance

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

Set up an autonomous organization dedicated to disruptive innovations

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

Sustainable Competitive Advantage

What role does marketing play in the context of innovation?

Driving adoption rates for new offerings

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

Growth targets

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

Adoption drivers including people and psychology

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

To address challenges in investing in disruptive opportunities

Test your knowledge on Offering-Based SCA & Innovation with this quiz based on the lecture schedule for Empirical Marketing (FEB12018X) by Radek Karpienko. The quiz covers topics discussed in lectures happening from March 4, 2024, to April 2, 2024.

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