Which of the Following Statements Is True of the Technological

question 97

Multiple Choice

Which of the following statements is true of the technological environment of business?

• A) It helps firms that find it difficult to integrate new approaches.
• B) The rise of digital networks hinders individualized buying experience.
• C) It is beneficial for firms that are slow to adopt new innovations.
• D) It represents a rich source of competitive advantage for fast-moving firms.

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Definitions:

Negative Performance

Refers to outcomes or results of work that fail to meet expected standards, objectives, or goals, often impacting the organization or individual negatively.

Goal-setting Programs

Initiatives or strategies designed to establish objectives and plans to achieve them within a specified timeframe.

Planning Component

An essential part of the planning process that includes defining objectives, strategies, and actions to achieve goals.

Interim Reviews

Evaluations or assessments conducted at specific intervals during a project or process, before its completion.