A Firm Releases a New Technology Only to Have a Competitor

question 31

Multiple Choice

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer. This would be which type of risk?

• A) Demonstrating bad timing
• B) Awakening a sleeping giant
• C) Mobile-based alternative removes advantages
• D) Running afoul of the law
• E) Implementing IS poorly

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Definitions:

Skate Park

A recreational outdoor environment designed with ramps, bowls, and rails for skateboarding, rollerblading, and BMX biking.

Implied Warranty

An unwritten guarantee that the product or service being sold will meet a certain standard of quality and reliability.

Superseding Causes

Events or circumstances that occur after the defendant's negligent act that relieve the defendant of liability because they break the causal chain between the defendant's act and the plaintiff's injury.

Defendants

Individuals or entities accused of legal wrongdoing or charged with a crime in a court of law.