According to the Textbook, Four New Technologies Are Expected to Have

question 183

Multiple Choice

According to the textbook, four new technologies are expected to have an impact on marketing. These are:

• A)biotechnology, smart grid services, natural user interfaces, and social networks.
• B)neuron technology, lithium batteries, cloud computing, and wireless power.
• C)crowdsourcing, genomics, QR codes, and smart bio watches.
• D)the Internet of Things, five-sense computing (computers with all five senses), smart grid electricity services, and 3-D technologies.
• E)nanotechnology, autobots, cloud computing, and electric cars.

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Definitions:

Marketplace

An arena where buyers and sellers meet to exchange goods, services, or information, whether physically or through digital platforms.

Consumer Behaviour

The inquiry into processes used by individuals, groups, or organizations to select, gain, consume, and remove products, services, experiences, or thoughts for need fulfillment, and the resultant influences these processes exert on the individual and societal level.

Manipulate

To skillfully or unfairly influence or control someone or something to gain advantage, often without their knowledge.

Competition Act

Legislation aimed at promoting fair competition and preventing monopolistic practices within a market.