Instead of extending the life cycle of existing products through modification and improvement,innovative strategies make existing products obsolete.

Question

Quizplus · Accepted Answer

Innovative strategies often create new products or technologies that make existing products obsolete, rather than simply improving upon them. Examples include the advent of smartphones, which made traditional phones and PDAs obsolete, and the rise of streaming services, which have made physical media like DVDs and Blu-rays less relevant.

Instead of Extending the Life Cycle of Existing Products Through