The learning advantage of being a technology leader refers to
A) The ability to produce less expensive products due to familiarity and experience with the processes involved.
B) The ability to produce products more quickly through specialization of labor.
C) Keeping the company ahead of the competition by generating minor product improvements that are difficult to imitate.
D) Enhancing and improving upon the innovations of other companies.
E) Occupying the best market niches.

Question

Quizplus · Accepted Answer

While competitors may be able to copy or adopt a new technology, ongoing learning by the technology leader can keep a company ahead by generating minor improvements that are difficult to imitate.

The Learning Advantage of Being a Technology Leader Refers to