Johann Told His Mentor, "My Top Programmer, Johnny Nguyen, Has

question 56

Multiple Choice

Johann told his mentor, "My top programmer, Johnny Nguyen, has developed an app that's going to make his career around here. But it's going to take some serious money to promote it and sell it to one of the big players. I'm convinced that Johnny has the skills needed to polish the software but probably not the managerial skills needed to advance the idea and secure funding." In the development of new technology, Johnny role is as

• A)product champion.
• B)executive champion.
• C)category captain.
• D)technical innovator.
• E)chief information officer

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Definitions:

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors with the same resources.

Absolute Advantage

The ability of a country, individual, or firm to produce a good more efficiently than another entity, using fewer resources.

Fewer Resources

A situation or condition where there is a reduced availability of inputs or factors of production such as land, labor, and capital.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.