________ technological change refers to a fundamental shift in technology that revolutionizes products or the way in which they are produced.
A) Normative
B) Quantum
C) Mimetic
D) Incremental

Question

Quizplus · Accepted Answer

Quantum technological change refers to a significant shift in technology that completely transforms products or production methods. This type of change can lead to new industries or the collapse of existing ones. Normative technological change involves incremental improvements to existing technology. Mimetic technological change occurs when competitors adopt the same technology to keep up with market trends. Incremental technological change involves small improvements to existing technology.

________ Technological Change Refers to a Fundamental Shift in Technology