BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Nearly all technology cycles follow the typical s-curve pattern of innovation: slow initial progress, then there will be rapid progress, and after that the progress is slow again. Companies that went to sustain a competitive advantage must understand and protect themselves from he strategic threats of innovation.

Detailed explanation-2: -If a technological innovation follows the S-curve pattern of innovation, a flat slope at the beginning of the curve indicates that: an increased effort can bring only small improvements in its performance.

Detailed explanation-3: -What is the relationship between technology cycles and the S-curve pattern of innovation? Technology cycles generally follow the S-curve pattern of innovation (they have slow initial progress, then rapid progress, and slow progress as a technology matures or is replaced.)

Detailed explanation-4: -Nearly all technology cycles follow a bell-shaped pattern of innovation. It appears that all companies follow the phase model of globalization when entering foreign markets. Technological discontinuities are followed by discontinuous change, which is characterized by technological substitution and design competition.

Detailed explanation-5: -Which of the following is true of the S-curve pattern of innovation of a product? A flat slope indicates that increased effort brings only small improvements in technological performance.