________ Produce Fundamental Changes That Can Transform a Company or Even

question 53

Multiple Choice

________ produce fundamental changes that can transform a company or even revolutionize an industry,while ________ enhance existing practices and often represent evolutionary applications of fundamental breakthroughs.

• A) Technological breakthroughs; product-market breakthroughs
• B) New technologies; new paradigms
• C) Incremental innovations; radical innovations
• D) Radical innovations; incremental innovations

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Definitions:

Useful Life

Useful life is the estimated time period that an asset is expected to be useful for the operations of a business before it is fully depreciated.

Profitability Index

A financial tool used to determine the desirability of an investment or project, calculated as the present value of future cash flows divided by the initial investment.

Present Value

The present value of a future amount of money or series of payments, calculated based on a certain rate of return.

Initial Investment

The amount of money used to start a business or project.