The Inventors of a Disruptive Technology Typically Benefit the Most

question 64

True/False

The inventors of a disruptive technology typically benefit the most from the technology; and it is rare that fast followers catch up quickly.

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Definitions:

Manufacturing Overhead

Indirect costs associated with manufacturing that are not directly allocable to specific units produced, including maintenance, supplies, and depreciation.

Selling Expenses

Costs associated with marketing and selling a company's products or services, including advertising and sales personnel salaries.

Accounts Receivable

Money owed to a company by its customers for products or services already delivered but not yet paid for.

Credit Sale

involves selling goods or services to a customer with payment to be received at a later date.