Which of the following is the first consideration in developing a strategy around technological innovation?
A) organizational suitability
B) market potential
C) social feasibility
D) ethnographical viability
E) political support

Question

Quizplus · Accepted Answer

Market potential should be the first consideration in developing a strategy around technological innovation since it determines the potential demand and profitability of the innovation. Without a favorable market potential, the innovation may not succeed even if it is socially feasible or has political support. Other considerations such as organizational suitability, social feasibility, ethnographical viability, and political support can be assessed after evaluating the market potential.

Which of the Following Is the First Consideration in Developing