There Were Four Steps in the GPS Revolution

question 219

Multiple Choice

There were four steps in the GPS revolution.First new technologies were developed and became readily available; second, __________; third, competitive forces developed new products and services; and finally consumer changed becoming "geo-enthusiasts."

• A)GPS technology became a necessity rather than a luxury
• B)profits exceeded costs resulting in GPS units became cash cows
• C)demand exceeded production capabilities so multiple new production facilities were built
• D)industry backed a campaign to increase the number of students going into the applied sciences
• E)regulatory changes were made allowing cell phone frequencies and former military technologies available for commercial use

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Definitions:

Organic Form

An organizational structure characterized by flexibility, decentralized decision-making, and a lack of formal procedures and hierarchies, often adapting quickly to environmental changes.

Perfect Substitute

A good, service, or resource that can be used in place of another with no loss of value or utility to the consumer.

Human Judgment

The process individuals use to make decisions or draw conclusions based on information, experience, and subjective factors.

Process Controls

Systems or procedures implemented to oversee, manage, and ensure the smooth operation of business processes.