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.
Correct Answer:
Verified
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