Technology Differs from Science in That Technology Focuses on

question 57

Multiple Choice

Technology differs from science in that technology focuses on

• A)applying the principles of science and mechanics to the solutions of a specific problem.
• B)how to predict natural or social outcomes.
• C)finding relationships between phenomena.
• D)discovering patterns in natural and human behavior.

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Definitions:

Cost Of Capital

The cost of capital represents the required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.

Pure Play

A company that focuses exclusively on a single product or service area.

Risk Characteristics

The inherent features of an investment that determine its potential return and the likelihood of loss.

Risk-Free Rate

The theoretical rate of return on an investment with zero risk, typically associated with government bonds.