A Technology _____ Begins with the Birth of a New

question 61

Multiple Choice

A technology _____ begins with the birth of a new technology and ends when that technology reaches its limits and dies as it is replaced by a newer, substantially better technology.

• A)process
• B)lockout
• C)cycle
• D)hierarchy
• E)continuum

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Definitions:

Combined Margin

A financial metric that combines various margins (gross, operating, net) to provide insight into a company’s profitability.

Return On Investment

A criterion for measuring the success or financial gain of an investment, by calculating the ratio of net profit to the investment's price.

Margin

The difference between the selling price of a product and the cost associated with producing it.

Margin

The difference between the selling price of a product or service and its cost, usually expressed as a percentage of the selling price.