Which Statement Is an Example of a Technological Trend

question 40

Multiple Choice

Which statement is an example of a technological trend?

• A)The South African Reserve Bank announces that it will decrease the interest rate it charges banks.
• B)Government passes legislation that increases the tax rates on companies.
• C)A new computer chip is announced which will allow for miniaturisation of many electronic devices.
• D)The EU announces an increase in tariffs on all agricultural goods.

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Definitions:

Mass Customization

The production approach that allows for the creation of personalized products or services to meet individual customer needs, while still achieving economies of scale.

Dell

A multinational computer technology company known for its direct sales model and build-to-order approach to personal computers.

Arnold Palmer Hospital

A highly reputable healthcare institution known for its pediatric and women's services.

Repetitive Processes

Processes that are characterized by the repeated production or execution of the same operation or sequence of operations.