Because technologies are becoming increasingly sophisticated, expensive, and short-lived,
A) it is more important than ever to recover R&D costs quickly by expanding the market globally.
B) entrepreneurs struggle to compete in high-end technologies used in fast-paced markets.
C) only large corporations should attempt to compete in cutting-edge, high-tech industries.
D) the pace of innovation has started to show signs of deceleration.

Question

Quizplus · Accepted Answer

With the cost of technology rising, it is important for companies to expand their markets globally in order to recover R&D costs quickly. This allows for a larger customer base and greater sales, ultimately leading to faster recovery of costs.

Because Technologies Are Becoming Increasingly Sophisticated, Expensive, and Short-Lived