Some Company Executives Become So Committed to a Current,profitable Technology

question 27

True/False

Some company executives become so committed to a current,profitable technology that they fail to provide adequate levels of investment in new,apparently riskier technologies.

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Definitions:

American Farmers

Refers to individuals in the United States engaged in the practice of agriculture, raising crops and livestock for consumption or sale.

Farm Goods

Products produced through agriculture, including crops, livestock, and other raw materials.

Increasing Production

Refers to the process of augmenting the output or manufacture of goods and services in an economy.

Agricultural Adjustment Act

A New Deal legislation passed in 1933 aimed at reducing agricultural production through financial incentives, thus raising farm prices.