In Mature Industries, the Diffusion of Process Technology Leads To

question 22

Multiple Choice

In mature industries, the diffusion of process technology leads to:

• A)Attacks of established firms by rivals targeting specific niches
• B)Increasing difficulty in obtaining a cost advantage based on technology
• C)A 'level playing field' and perfect competition
• D)The emergence of new standards

---

Definitions:

Quarterly Interest

Interest calculated or paid every three months on loans, investments, or deposits.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.

Non-Interest Bearing

refers to financial instruments or accounts that do not earn or involve the payment of interest, such as certain loans or bonds.

Notes Receivable

Financial assets representing amounts owed to the holder by others, typically arising from selling goods or services on credit.