In Order from Beginning to End, the Phases of a Technology

question 2

Multiple Choice

In order from beginning to end, the phases of a technology cycle within an innovation stream consist of_________________ .

• A) incremental change, discontinuous change, dominant design, and technological discontinuity
• B) discontinuous change, incremental change, technological discontinuity, and dominant design
• C) dominant design, discontinuous change, era of incremental change, and technological discontinuity
• D) technological discontinuity, discontinuous change, dominant design, and incremental change
• E) technological discontinuity, incremental change, discontinuous change, and technological continuity

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Definitions:

Merchandising Business

A type of business that makes profit by buying goods at a wholesale price and selling them at a retail price, primarily dealing in goods rather than services.

Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position, typically including the balance sheet, income statement, and statement of cash flows.

Purchases Returns and Allowances

From the buyer’s perspective, returned merchandise or an adjustment for defective merchandise.

Periodic Inventory System

An inventory accounting system where updates are made on a periodic basis rather than continuously.