A major effort in R&D may be risky if technology is changing rapidly and the market is growing slowly.

Question

Quizplus · Accepted Answer

If technology is changing rapidly, there is a risk that the R&D effort may become obsolete before it is completed or implemented. Additionally, if the market is growing slowly, there may not be enough demand for the new technology, making the investment in R&D less profitable. Therefore, a major effort in R&D may be risky in these circumstances.

A Major Effort in R&D May Be Risky If Technology