Disruption: Difference between revisions
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imported>Doug Williamson (Add link.) |
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*[[Geopolitical risk]] | *[[Geopolitical risk]] | ||
*[[Open banking]] | *[[Open banking]] | ||
* [[Operational resilience]] | |||
*[[Systemically Important Financial Institution]] | *[[Systemically Important Financial Institution]] | ||
* [[Tolerable disruption]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Investment]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 19:29, 2 July 2024
1.
In a negative sense, disruption refers to harmful interference with the normal functioning of individual markets, the wider financial system, or economic activity as a whole.
2.
Interference with the delivery of goods or the execution of a service, for example electricity.
3.
Used in a positive sense, disruption is also an abbreviation for disruptive innovation.
Such innovations are considered likely to disrupt the dominant positions of existing suppliers in the market, to the ultimate benefit of consumers and the economy through improved service and price competition.
