Forecasting for High-Tech Products Is Difficult for All of the Following

question 1

Multiple Choice

Forecasting for high-tech products is difficult for all of the following reasons EXCEPT:

• A)No market research exists for disruptive technologies.
• B)Oftentimes,no historical data exists.
• C)Companies and inventors often have commitment biases about technologies.
• D)There are no forecasting methods that are well-suited for the complications in high-tech markets.
• E)None of the above

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Definitions:

Profit Distribution

The allocation of a company's profits among shareholders, stakeholders, or reinvestment into the company, following specific policies or agreements.

Skill Level

A classification of workers based on their expertise, competencies, and abilities in their job functions.

Staffing Policies

encompass the rules, guidelines, and practices that an organization follows in hiring, training, and managing its employees, often reflecting its strategic objectives and culture.

Employment Stability

The security associated with a job, where the risk of unemployment is low, leading to long-term employment relations.