Answer the following statements true (T) or false (F)
1. Disruptive technology tends to provide us with better, faster and cheaper products.
2. Disruptive and new technologies typically cut into the low-end of the marketplace and eventually evolve to displace high-end competitors and their reigning technologies.
3. Dell computers ranks highest on the list for expecting returns from new investments.
4. Information reach refers to the number of people a business can communicate with, on a global basis.
5. What is best for an organization's current business could ruin it in the long term.
1. FALSE
2. TRUE
3. TRUE
4. TRUE
5. TRUE
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Auditing is the process of attesting to assertions about economic actions and events
a. True b. False Indicate whether the statement is true or false
Explain how consumers can learn about products without deliberately setting out to do so
What will be an ideal response?
Mass customization is ______.
a. the mass production of individually customized products b. the reuse of components discarded from scrapped products c. the redesign of components found to be faulty in earlier versions of a product d. the production of each product by hand for specific customers
In business deals, Fiona, the chief executive officer of Snacks n' Bites, Inc, follows duty-based ethical standards. These are most likely derived from
a. a corporate ethics code. b. a cost-benefit analysis. c. philosophical reasoning. d. the law.