During the___________ phase of a technology cycle, companies innovate by lowering the cost and improving the functioning and performance of the dominant design.
A) technological discontinuity
B) discontinuous change
C) dominant design
D) incremental change
E) technological continuity

Question

Quizplus · Accepted Answer

Incremental change refers to the phase of a technology cycle where companies innovate by improving the function and performance of the dominant design while lowering costs. This process involves small and gradual improvements to the existing technology rather than a complete overhaul or revolutionary change.

During The___________ Phase of a Technology Cycle, Companies Innovate by Lowering