Which of the following characteristics belong to the low-end disruptive innovation?
The characteristic that belongs to low-end disruptive innovation is:
B) It delivers products at a lower cost
Low-end disruptive innovation focuses on providing products or services at a lower cost compared to existing offerings in the market. It aims to reach a segment of customers who are currently underserved or unable to afford the existing products or services. It seeks to disrupt the established market and gain market share by offering a more affordable alternative. This type of innovation often involves simplifying or streamlining processes, utilizing cost-effective materials, or finding innovative ways to reduce production or operational costs.
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