There Were Four Steps in the GPS Revolution

question 237

Multiple Choice

There were four steps in the GPS revolution.First new technologies were developed and became readily available; second, regulatory changes were made allowing cell phone frequencies and former military technologies available for commercial use; third, competitive forces developed new products and services; and finally __________.

• A)demand exceeded production capabilities
• B)profits exceeded costs and GPS units became cash cows
• C)GPS technology became a necessity rather than a luxury
• D)consumers changed becoming "geo-enthusiasts"
• E)the International Agreement for Space Communication (IASC) allowed placement of additional satellites for use by all nations

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Definitions:

Information

Data that has been processed or structured in a meaningful way to be useful for decision-making or analysis.

Profit Center

A division whose parent company evaluates it on the basis of the profit it earns.

Executives

Executives are high-level managers or administrators in organizations, responsible for strategizing and decision-making to drive the company towards its goals.

Attention

The focused mental engagement on a particular item of information, object, or task, and the process of selectively concentrating on one aspect while ignoring others.