Technological change happens when an entrepreneur identifies
A) n ew customer segments that appear to be emerging.
B) n ew customer needs.
C) e xisting customer needs that have not been satisfied.
D) n ew ways of manufacturing and distributing products and services.
E) All of these are correct.

Question

Technological change happens when an entrepreneur identifies
A) n ew customer segments that appear to be emerging.
B) n ew customer needs.
C) e xisting customer needs that have not been satisfied.
D) n ew ways of manufacturing and distributing products and services.
E) All  of these are correct.

Quizplus · Accepted Answer

Technological change can be driven by identifying new customer segments, recognizing new or unsatisfied customer needs, and discovering new methods for manufacturing and distributing products and services. All these factors contribute to innovation and the evolution of technology.

Technological Change Happens When an Entrepreneur Identifies