Which of the Following Statements Is True About the Role

Multiple Choice

Which of the following statements is true about the role of technology in a firm's profitability?

A) Technological change within an industry does not affect a firm's landscape.
B) Technological change can often lower barriers to entry.
C) Incorporating new technology early creates barriers for new entrants.
D) Firms who are late to adopt new technologies benefit more than early adopters.