The Following Technology Is a New Way of Doing Things

question 117

Multiple Choice

The following technology is a new way of doing things that initially does not meet the needs of existing customers.

• A) Disruptive technology
• B) Sustaining technology
• C) Entertaining technology
• D) All of these

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Definitions:

Cash Budget

A detailed plan showing how cash resources will be acquired and used over a specific time period.

Disbursements

The act of paying out money from a fund or account, typically for expenses or investments.

Financing

The process of providing funds for business activities, making purchases, or investing, which can come through various means like loans, equity investments, or credits.

Cash Disbursements

Outflows of cash for expenses, asset acquisitions, or other payments by a business during a specific period.