When does creative destruction occur in business

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When does creative destruction occur in business? When an old technology is used to make improvements in a new product or process without destroying an old product or process When an old technology re-engineers an old product or process from other old products or processes When an old software version is replaced by an updated version When a new technology creates a new product or process but destroys an old product or process at the same time.

Reference no: EM133862725

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