"Technological Myopia" refers to which of the following?
A)Where a company is lacking sufficient technological resources to compete
B)Where a company is technology led rather than customer led
C)Where a company fails to respond to a technological change
D)Where a company has fallen behind the market leader in technological investment

Question

Quizplus · Accepted Answer

Technological myopia refers to the situation where a company fails to recognize or respond to a technological change. This could result in the company losing market share or becoming irrelevant to customers. Option A refers to a lack of technological resources, while option B refers to a company being too focused on technology and not on customer needs. Option D refers to a company falling behind the market leader in technological investment, which could be a result of technological myopia but is not the definition of it.

"Technological Myopia" Refers to Which of the Following