Which of the Following Is a Disadvantage of Technology Leadership

question 123

Multiple Choice

Which of the following is a disadvantage of technology leadership?

• A)Lower profit margins
• B)Reduced efficiency
• C)Loss of best market niches
• D)Infrastructure costs
• E)Establishment of entry barriers

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Definitions:

Predicts Future

The act of forecasting or estimating future trends, behaviors, or events based on current or past data.

Labour Expenses

The total costs incurred by an organization in compensating its employees, including salaries, benefits, and other related expenses.

Labour Force

The total number of people employed or actively looking for employment in a specific area or economy.

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.