Which of the Following Is Challenge of Sustaining Technology

question 343

Multiple Choice

Which of the following is challenge of sustaining technology?

• A)Provides a cheaper product for current customers
• B)Provides a product that does not meet existing customer's future needs
• C)Provides a better product for current customers
• D)Provides a faster product for current customers

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Definitions:

COGS

Stands for Cost of Goods Sold and refers to the direct costs attributable to the production of the goods sold by a company.

Payables Turnover Rate

A liquidity metric that measures how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Accounts Payable Balance

The amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.

Sales

The exchange of goods or services for money, representing the primary revenue source for most businesses.