According to the Innovator's Dilemma

question 96

Multiple Choice

According to the innovator's dilemma:

• A)the computing power of a microprocessor doubles every 18 months.
• B)markets that don't exist can't be analyzed.
• C)well-managed companies that listen and respond to needs of established customers may miss opportunities to innovate.
• D)regulation of e-commerce activities will increase at a rate that is directly proportional to the growth of e-commerce revenues.
• E)innovations are copied soon after they are discovered.

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Definitions:

Trial Balance

A bookkeeping worksheet where the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of the financial transactions recorded.

Reference Column

A column in a table or spreadsheet used to hold information or data that aids in categorization or identification.

General Journal

A ledger in which all transactions are initially recorded, dated, and described.

Transposition Error

A common accounting mistake where figures are mistakenly reordered, leading to inaccurate entries and discrepancies in financial records.