A New Technology Is Most Likely to Be Successful in Displacing

question 25

Multiple Choice

A new technology is most likely to be successful in displacing an existing technology when:

• A) its installed base is significantly less than that of the existing technology.
• B) the new technology competes only on the value of its stand-alone utility.
• C) it eclipses the combined value of the existing technology's stand-alone utility, its installed base, and its complementary goods.
• D) the new technology's perceived and anticipated components of value are lower than its actual components of value.

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Definitions:

Organisational Development

A planned, systematic process aimed at increasing an organization's effectiveness and health through interventions in its processes, structures, and culture.

Diagnosis

The identification of the nature and cause of a certain phenomenon, typically referring to the determination of a medical condition based on symptoms and tests.

Client System

A group or organization that receives services, products, or advice from a consultancy or service provider.

New Technology

The latest advancements in technology, including innovations in software, hardware, and processes that improve efficiency or solve existing problems.