The More a Technology Is Adopted

question 16

Multiple Choice

The more a technology is adopted:

• A) the less valuable it becomes on account of market saturation.
• B) the more susceptible it becomes to decreasing returns of adoption.
• C) the greater are the opportunities for development of complementary assets.
• D) the lesser are the possibilities for improvements in the technology and its applications.

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Definitions:

Denying Existence

The refusal to acknowledge the reality or presence of something, often as a defense mechanism.

Contingency Plan

A strategy prepared to address unexpected events or emergencies, minimizing negative effects and maintaining operational continuity.

Back-Up Plan

A prearranged alternative set of actions or resources available in case the original plan fails or encounters problems.

Executive Reality Check

A critical evaluation or assessment meant to provide company leaders with a clear and accurate understanding of the business's actual situation as opposed to perceived notions.