Todd is the owner of TodVac, a producer of high-performance commercial vacuum cleaners based in Texas. Todd knows that some companies use technology that has been proven over the years to efficiently create components very similar to the components in his vacuums. Unfortunately, Todd has never seen this technology and does not have a clue how it works. How should Todd go about learning how to improve his production with time-tested technology?
A) read journals to see how science is being applied to vacuum manufacturing
B) attend seminars on new technology available to manufacturers like TodVac
C) tour an Asian factory that uses this technology but does not compete directly with TodVac
D) ask TodVac's main competitor to share their proprietary knowledge with him
E) hire a CIO to lead a development team to create better manufacturing processes
Correct Answer:
Verified
Q18: Common ways of acquiring new technology include
Q19: Which of the following groups of adopters
Q20: Even firms that are not technology oriented
Q21: _ technologies have proved effective, but they
Q22: _ technologies have yet to prove their
Q24: Which of the following is an advantage
Q25: The key factor that makes technology leadership
Q26: Which of the following is a first-mover
Q27: Technological innovation can support a _ strategy,
Q28: Which of the following is a disadvantage
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