The Situation in Which a New and Unrefined Technology Swiftly

question 52

Multiple Choice

The situation in which a new and unrefined technology swiftly takes over the market.is referred to as

• A)disruptive innovation.
• B)contract development.
• C)upward innovation.
• D)strategic maneuvering.
• E)predatory invention.

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Definitions:

Current Liability

A company's debts or obligations that are due within one year or within the normal operating cycle.

Accounts Payable

Liabilities or amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.

Accrued Liabilities

Expenses that have been incurred but not yet paid or recorded through a standard accounting transaction, representing future cash outflows.

Decrease Cash

Decrease cash refers to a reduction in the amount of money and cash equivalents available in a company, which can result from paying expenses, purchasing assets, or distributing dividends.