A Company Which Imitates the Products of Competitors Is Referred

question 103

Multiple Choice

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

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

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Definitions:

Technology Solution

A specific application of technology designed to address a particular problem or need within an organization or societal context.

Needs Analysis

A systematic process for determining and addressing needs or gaps between current conditions and desired conditions or wants.

New Technology

The latest advancements in tech that can potentially alter the operational, financial, or social dynamics of business or society.

Strategic HR Application

Involves aligning human resource management strategies with the business strategy to achieve competitive advantage.