Technological Advances

question 58

Multiple Choice

Technological advances

• A) rarely result in an increase in productivity.
• B) always involve buying lots of expensive equipment.
• C) introduce new techniques or methods so that firms can produce more with less.
• D) are equally common across all firms.
• E) are always the result of private-sector innovation.

Identify the variations in organizational strategies and their impact on marketing planning and execution.

Understand the significance of core competencies, competitive advantages, and how they contribute to an organization’s success.

Grasp the principles of business portfolio analysis and how it aids in strategic decision-making.

Understand the significance of promoting divergent and convergent thinking in fostering organizational creativity.

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Definitions:

291

A historically significant avant-garde art gallery in New York City, founded by Alfred Stieglitz, contributing significantly to the promotion of modern art in the United States.

Murals

Painted or applied directly on a wall, ceiling, or other permanent surfaces, depicting artistic or narrative scenes.

Thomas Hart Benton

An American painter and muralist, prominent in the Regionalist art movement, known for his murals and works depicting everyday American life.

Missouri

A U.S. state located in the Midwestern United States, known for its diverse geography and historical significance.