Which one of the following is a characteristic of technology that companies use during their startup years?Select answer from the options belowComplexStableExpensiveSimple

Companies use technological changes such as consumer databases, blogs, and social networking in order to develop products that Blank______.Multiple choice question.result in profitabilityare easy to producecan be sold globallymeet consumer needs

Multiple Choice QuestionWhat leads to most patentable inventions and products?Multiple choice question.Financial expertiseNew technologyResearch and developmentMarketing

In the present times, technological advancements do not give much of an edge in the market. Among other things, it shortens the useful life of an asset and increases its efficiency.Select one:TrueFalse

Select the technological innovations that companies can use to develop products and services that match consumers' wants and needs more effectively.Multiple select question.Data basesBlogsSocial mediaFinancial statements

Which of the following are part of the macroenvironment of an organization? (Choose every correct answer.)Multiple select question.TechnologySuppliersCompetitorsDemographicsThe economy