8. “Creative destruction” is the process by which: a. Old buildings are demolished and new ones are build in their place. b. Old sources of competitive advantage are displaced by new ones. c. Old...

8. “Creative destruction” is the process by which:
a. Old buildings are demolished and new ones are build in their place.
b. Old sources of competitive advantage are displaced by new ones.
c. Old skills become obsolete and new ones develop in their place.
d. Old technologies are replaced by new ones.