Which of the Following Statements About the Technological Environment Is

question 129

Multiple Choice

Which of the following statements about the technological environment is NOT TRUE?

• A) The Internet changes how firms communicate with customers.
• B) The transfer of technology from one part of the world to another is automatic.
• C) A focus on technology may cause firms to develop a production orientation.
• D) New technologies create new product-markets.
• E) Technology is the application of science to convert an economy's resources to output.

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Definitions:

Coercive Power

A form of power that is based on the ability to deliver punishments or remove privileges to influence behavior.

Legitimate Power

The authority or power that is recognized and accepted by others as right and proper due to the position or role of the person holding it.

Referent Power

A form of influence based on the leader's personal traits and the respect and admiration they inspire in others.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.