Final answer:
C) Disruptive innovations often start in niche markets and gradually gain broader acceptance.
Disruptive innovations start in niche markets and eventually displace established technologies, as seen with personal computers and digital photography.
Step-by-step explanation:
The correct answer to the question of which statement is true about disruptive innovations is C) Disruptive innovations often start in niche markets and gradually gain broader acceptance.
Unlike incremental improvements which refine existing products, disruptive innovations tend to begin in overlooked segments before eventually moving to mainstream markets.
Examples of such innovations include personal computers, which initially catered to hobbyists before transforming the entire computing industry, and digital photography, which revolutionized the way we capture and store images, making film practically obsolete.
The essence of a disruptive innovation lies in its ability to eventually displace established technology and reshape industries.