New Technology Is Often the Mechanism Used by Outsiders to Overcome

question 43

True/False

New technology is often the mechanism used by outsiders to overcome barriers to entry in traditional industries.

Comprehend and calculate the probability distribution of a combined random variable.

Understand the principles of portfolio theory in a financial context.

Interpret and calculate conditional probabilities in given contexts.

Recognize and apply the concept of diversification in risk management.

---

Definitions:

Persistence

The quality of maintaining a course of action or belief despite challenges, obstacles, or discouragement.

Activation

The stimulation or initiation of activity in an organism, cell, or molecular system, often referring to the triggering of specific processes or responses.

Primary Drives

Innate biological necessities like hunger and thirst that drive behavior and are essential for survival.

Motives

The internal drives that propel individuals to take action towards achieving goals.