What Causes Barriers to Technology Adoption

question 22

Multiple Choice

What causes barriers to technology adoption?

• A) weather
• B) population
• C) political barriers to international trade
• D) tax policies
• E) the size of government

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Definitions:

Predictable Demand Variability

Refers to fluctuations in demand that can be anticipated based on patterns or historical data.

Managing Inventory

The process of overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell, as well as the management of finished products that are ready for sale.

Common Components

Elements, parts, or materials that are frequently used or shared across different products or services.

Supply Chain Influence

Supply chain influence involves the capacity of a company or entity to affect decisions, activities, and efficiencies within the supply chain, including the practices of suppliers, manufacturers, and distributors.