Which of the Following Statements Concerning Technological Forces Is True

question 96

Multiple Choice

Which of the following statements concerning technological forces is true?

• A)A new wave of technological innovation will not replace existing products and companies.
• B)Because technological change is the result of research, it is highly predictable.
• C)An advantage of technology is that advances can in no way harm an industry's growth.
• D)Advances in technology are having important effects on marketing because they allow marketers to better understand and serve consumers.

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Definitions:

Cash Inflows

Money received by a business from its operations, financing, or investing activities.

Net Present Value

The divergence of cash inflows’ current worth from cash outflows’ present value during a defined duration.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value, reflecting the time value of money and investment risk.

Net Present Value

A calculation used to determine the value of an investment by discounting future cash flows to their present value to assess its profitability.