-Why Does an Existing Less Efficient Technology Drive Out a New

question 105

Multiple Choice

-Why does an existing less efficient technology drive out a new, more efficient technology?

• A)The existing technology is a network that has become locked in.
• B)People are receptive to the new technology.
• C)The new technology is costlier to hire.
• D)The existing technology is a network that has become locked out.
• E)The government imposes taxes on the new technology.

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Definitions:

CRM

Customer Relationship Management (CRM) refers to strategies and technologies used by companies to manage and analyze customer interactions and data throughout the customer lifecycle.

ISCM

Integrated Supply Chain Management; it refers to the comprehensive coordination of end-to-end supply chain processes to optimize efficiency and value creation.

SRM

Supplier Relationship Management is the systematic approach of assessing suppliers' contributions and influence on success, determining tactics to maximize suppliers' performance, and developing the strategic approach for executing these decisions.

Supply Network

The interconnected and complex system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.