Maxsigma, a Software Company, Released a Text Processing Application

question 81

Multiple Choice

Maxsigma, a software company, released a text processing application. This application was user-friendly and widely accepted by its customers. However, a few months later, users found that it was susceptible to virus, and they switched to newer and more efficient text processing applications. In the context of innovation streams, which of the following concepts does this scenario best illustrate?

• A) Technological singularity
• B) The compression approach to innovation
• C) The experiential approach to innovation
• D) Technological lockout

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Definitions:

Miniature Adults

An outdated concept where children were once viewed as small adults with the same mental capacities.

Psychosocial Development

A concept introduced by Erik Erikson that describes the development of an individual's identity and social interactions across eight stages throughout their lifetime.

Trust vs. Mistrust

The first stage in Erik Erikson's theory of psychosocial development, where infants learn to trust or mistrust their caregivers and the world based on their experiences.

Basic Needs

Fundamental requirements for human survival and well-being, such as food, water, shelter, and safety.