The Likelihood of a Discontinuity Occurring in an Industry

question 97

Multiple Choice

The likelihood of a discontinuity occurring in an industry:

• A) Is very strong if the industry produces simplified products.
• B) Is very strong if the existing technology is close to its physical limit.
• C) Is very weak unless the new technology is cheaper.
• D) Cannot be predicted.

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Definitions:

Perceptual Construction

The process by which the brain interprets sensory information to form a mental representation of the environment.

Hypothesis Formation

The process of proposing explanations for specific phenomena, expected to be tested and verified through research or experimentation.

Attention

The behavioral and cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Perception

The cognitive process of interpreting, organizing, and often giving meaning to sensory information.