Implementing a given technology during the Early Adopters phase offers the greatest relative benefit versus the cost of implementing the technology.

Question

Quizplus · Accepted Answer

Early Adopters are willing to take on the risks of implementing new technology and are often rewarded with a competitive advantage or other benefits. As more companies adopt the technology, the benefits may become less significant and the cost may increase as the technology becomes more mainstream. Therefore, implementing during the Early Adopters phase can offer the greatest relative benefit versus cost.

Implementing a Given Technology During the Early Adopters Phase Offers