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Which of the Following Statements Is True of Technology in Industries

Question 38

Multiple Choice

Which of the following statements is true of technology in industries?


A) Technology in industries is accounting for only a minimal share of economic activity.
B) Technology is revolutionizing aspects of the product or production system even in industries not typically considered high-tech.
C) High-technology industries are not required to adhere to technical standards to achieve product differentiation.
D) The lack of complementary products does not affect the success of a high-technology industry.
E) High-technology industries are usually not faced with the challenge of developing business models to achieve a competitive advantage like low-technology industries.

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