Which of the Following Statements About the Technological Environment Is

question 129

Multiple Choice

Which of the following statements about the technological environment is NOT TRUE?

• A) The Internet changes how firms communicate with customers.
• B) The transfer of technology from one part of the world to another is automatic.
• C) A focus on technology may cause firms to develop a production orientation.
• D) New technologies create new product-markets.
• E) Technology is the application of science to convert an economy's resources to output.

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Definitions:

Population

The entire group of individuals or items that is the subject of a statistical analysis.

Nonresponse Error

The bias that occurs in survey statistics when individuals selected for the survey do not respond and their nonresponse is related to the measure of interest.

Data Collection

The process of gathering and measuring information on variables of interest in a systematic way.

Acquisition Error

An error that arises during the process of data collection, often due to issues in capturing or recording data accurately.