Which of the Following Statements About Technology Is True

question 23

Multiple Choice

Which of the following statements about technology is true?

• A) Technology alone is enough to provide sustainable competitive advantage to a firm.
• B) Technology plays a marginal role in creating strategic differences.
• C) Technological improvements are not important in strengthening a firm's strategic advantages.
• D) Technological improvements can be copied by rivals, leading to a profit-eroding arms race.
• E) Technology cannot be used by late entrants to gain a share of the industry.

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Definitions:

Statistical Technique

A mathematical method used to analyze, interpret, or predict data outcomes.

Studies

Systematic investigations or research aimed at acquiring knowledge and understanding in a specific field.

Psychotherapy

A therapeutic treatment involving psychological techniques designed to encourage communication of conflicts and insight into problems, with the aim of alleviating symptoms of mental disorder.

Unconscious Thoughts

Mental processes not currently in focal awareness that can influence behaviors and perceptions.