A Technological Paradigm Shift Is Most Likely to Occur in Which

question 36

Multiple Choice

A technological paradigm shift is most likely to occur in which stage of the industry life cycle?

• A) Embryonic
• B) Growth
• C) Shakeout
• D) Maturity
• E) Decline

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Definitions:

Forecasting Costs

The process of estimating the expenses that will be incurred in the future by a business or project.

External Supply

External Supply refers to goods, materials, or services sourced from outside the organization to support its operations or production processes.

Employee Segmentation

The grouping of employees based on characteristics that are relevant to the employee experience such as career preferences, demographics, work-life preferences, or benefits.

Skills Gap

The difference between the skills required for a job and the skills possessed by potential employees.