Multiple Choice
Which of the following statements is true about technological paradigm shifts?
A) They often do not change the nature of competition in an industry.
B) They occur when government regulations restrict the use of certain technologies.
C) They have the potential to threaten the survival of established industries.
D) They can often be handled by established companies without adopting new strategies.
E) They strongly deter new entrants.
Correct Answer:
Verified
Correct Answer:
Verified
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