The term ________ refers to initiatives, such as Netflix in movie rentals and Zipcar in car sharing, which revolutionize how products are sold in an industry.
A) product model modernism
B) business model innovation
C) feasibility analysis innovation
D) value innovation
E) opportunity innovation

Question

Quizplus · Accepted Answer

Business model innovation refers to the creation or reinvention of a business model, which can revolutionize how products or services are delivered in an industry, as seen with Netflix and Zipcar.

The Term ________ Refers to Initiatives, Such as Netflix in Movie