Explain each base on the picture. strengths of disruptive innovation limitations role of management accountant

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Explain each base on the picture.

  • strengths of disruptive innovation
  • limitations
  • role of management accountant 
are given a chance to see if it will succeed."
new way to provide a product or service often
leads to resistance in the organization.
Strengths: Disruptive innovation forces a company Role of the management accountant:
to reconsider how it creates value for its customers Management accountants can contribute to
disruptive innovation thinking by helping to come
up with ideas, encouraging ideation sessions, and
questioning everything. They can also develop
Limitations: Disruptive innovation requires thinking ways to develop and assess new ideas and
performance metrics to assess the success of the
and identify how things can be changed in ways
that will create new value for customers and
growth opportunities for the company.
differently, which can present both opportunities
and potential risks. Uncertainty about a completely disruptive innovation process. •
Transcribed Image Text:are given a chance to see if it will succeed." new way to provide a product or service often leads to resistance in the organization. Strengths: Disruptive innovation forces a company Role of the management accountant: to reconsider how it creates value for its customers Management accountants can contribute to disruptive innovation thinking by helping to come up with ideas, encouraging ideation sessions, and questioning everything. They can also develop Limitations: Disruptive innovation requires thinking ways to develop and assess new ideas and performance metrics to assess the success of the and identify how things can be changed in ways that will create new value for customers and growth opportunities for the company. differently, which can present both opportunities and potential risks. Uncertainty about a completely disruptive innovation process. •
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