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Impact of Disruptors & Accelerators on Retail Trends

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question 1 of 3

Disruptors and accelerators create a/an _____ in retail, signifying a change in the way businesses operate.

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1. Technology has been a disrupter/accelerator in the retail industry in all of the following ways EXCEPT which?

2. How has Lowe's embraced innovation as a potential accelerator in its business?

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About This Quiz & Worksheet

Whenever you get a chance, you can answer these multiple-choice questions on the impact of disruptors and accelerators on retail trends. Main topics include the term for the way disruptors and accelerators influence change in the way businesses operate and the ways technology has been a disruptor/accelerator in the retail industry.

Quiz & Worksheet Goals

The following areas of study will be addressed:

  • The way Lowe's embraced innovation as a potential accelerator
  • Effect of geopolitical issues that could disrupt retail
  • Impact of economic bubbles on retail businesses

Skills Practiced

  • Reading comprehension - make sure you understand the most important information from the lesson on the impact of disruptors and accelerators on retail trends, such as the influence of economic bubbles on retail businesses
  • Information recall - access the knowledge you've gained regarding the term for the influence disruptors and accelerators can have in business operations
  • Knowledge application - use your knowledge to answer questions about the various ways technology has been a disruptor/accelerator in the retail industry and the innovation that Lowe's has embraced as a potential accelerator

Additional Learning

To learn more about changes to business operations, consider the lesson entitled Impact of Disruptors & Accelerators on Retail Trends. The following topics will be highlighted:

  • Changes to travel from Airbnb
  • Amazon's advancements through the use of technology
  • Importance of being able to adapt to societal shifts
  • Examples of economic bubbles
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