Thomas, an Entrepreneur and Inventor, Developed New Software to Help

question 20

Multiple Choice

Thomas, an entrepreneur and inventor, developed new software to help retail stores manage their supply chain effectively. He was able to successfully sell his software to the retail industry. However, certain unscrupulous organizations began producing cheaper versions of the software. This lowered the popularity of the original version. In this case, ________ is affected by the knock-offs.

• A) organizational suitability
• B) technological feasibility
• C) economic viability
• D) capability development
• E) social adaptability

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Definitions:

Organization

A structured group of individuals working together to achieve common goals or objectives, often characterized by a formal hierarchy.

Issuing Securities

The process by which corporations or governments raise capital by selling stocks, bonds, or other financial instruments to investors.

Raise Capital

The act of obtaining funds to finance operations, growth, or investments of a business.

New Corporation

A business entity that has recently been formed and incorporated, beginning its operations and legal existence.