Which of the Following Best Defines an Incremental Change

question 14

Multiple Choice

Which of the following best defines an incremental change? 

• A) ​It is the inability of a company to competitively sell its products because it relies on old technology or a nondominant design. 
• B) ​It is the purchase of new technologies to replace older ones. 
• C) ​It is a phase in which companies innovate by lowering the cost and improving the functioning and performance of the dominant design. 
• D) ​It is a phase of a technology cycle characterized by technological substitution and design competition.

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Definitions:

Penalty

A punishment imposed for breaking a law, rule, or contract which often involves paying a fine or undergoing some form of restraint.

Implied Powers

Powers not explicitly stated but are considered necessary for fulfilling the expressly granted powers of an authority or government body.

Incorporated

refers to the process by which a business becomes a legally recognized entity that is distinct from its owners, providing benefits like liability protection and tax advantages.

Corporation Name

The legal name under which a corporation is registered to conduct business.