A Company Which Imitates the Products of Competitors Is Referred

question 17

Multiple Choice

A company which imitates the products of competitors is referred to as a(n)

• A)technological follower.
• B)technological opportunist.
• C)technological leader.
• D)technological manufacturer.
• E)technological entrepreneur.

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Definitions:

Expected Rate

A predicted rate of return or outcome based on certain assumptions or historical data.

Standard Deviation

A statistical measure of the dispersion or spread of a set of values, indicating how much the values differ from the mean.

Zero Standard Deviation

A statistical measure indicating that all values within a data set are identical; there is no variability.

Average Temperature

The mean value of temperature taken over a specified period of time.