Question

Ebdino, a company that manufactures tires, observes that the sales of its traditional tires have declined drastically and that the sales of tubeless tires have increased. Ebdino hence decides to stop manufacturing traditional tires and replace them with tubeless tires. In the context of innovation streams, which of the following concepts does this scenario best illustrate?

Technological substitution T/F

Answer 1

Answer: True- Technological substitution

Step-by-step explanation:

The technological substitution is the term which refers to the preference of the consumers to the one product from the another and it is basically due to the advancement in the technology.

The technological substitution plays an important role at the time of purchasing the products in the market. The technological characteristics and also the features attract the consumers for buying their products and the services.

According to the given question, the Technological substitution is one of the concept that best illustrating the given scenario based on the manufacturing innovation streams.

Therefore, Technological substitution is the correct answer.