Which of the following is FALSE about why high-tech companies analyze technology life cycles?
a. To help stay abreast of new generations of technology that may prove to be a sources of competition in the future.
b. To understand that when a new technology appears, it may underperform the existing generation (legacy) technology.
c. To manage the tension between investing in incremental innovations (along an existing S-shaped curve) and investing in breakthrough innovations (jump to a new S-shaped curve)
d. To understand the notion of creative destruction.
e. To help industries drive network externalities.
E
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Firms such as General Motors and McDonald's actively collect information about customer preferences and try to address them in their new products. General Motors and McDonald's are actively trying to adapt to
A. shareholder, customer, and market changes. B. social and political pressures. C. human resource concerns. D. managers' behavior. E. technological advancements.
Return on assets can be a misleading ratio when analyzing technology firms because two important assets, ______________________________ and ______________________________ do not appear on their balance sheets
Fill in the blank(s) with correct word
A strategy with a focus on high levels of customer service may lead to all of the following except:
a. Strong warranties and after-sale product support b. Responsive distribution from decentralized facilities c. On-time deliveries d. Lower levels of product customization
A mortgage where the interest owed changes in response to movements in a specific market-determined interest rate is called a(n)
A) HELOC. B) fixed-rate mortgage. C) adjustable-rate mortgage. D) second mortgage.