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When the Laptop Market Overtook the Desktop Market, Blue Tech

question 67

Multiple Choice

When the laptop market overtook the desktop market, Blue Tech Inc., a leader in desktop technology, was left at a competitive disadvantage. Later, Blue Tech Inc.'s management channeled all of the company's efforts and revenue to develop an efficient laptop from scratch in less than a year. However, the company failed because Blue Tech Inc.'s models were inferior to the third- and fourth-generation models its competitors were selling. In this scenario, Blue Tech Inc.'s failure can be best attributed to

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Definitions:

Formal Operational

A stage in Piaget's theory of cognitive development, marked by the ability to think abstractly, reason logically, and plan systematically.

Abstract Principles

Fundamental ideas or theories that are not associated with any specific instances or physical objects but serve as the basis for thought and action.

Cognitive Development

The study of how thinking, problem solving, and intelligence evolve as people grow, typically focusing on childhood development stages.

Centration

The cognitive tendency in young children to focus on one aspect of a situation while neglecting others, often observed in preoperational stage of Piaget's theory of cognitive development.