Technological innovation can provide an innovative company a competitive advantage, or _____________________ over its competitors both at home and
Abroad.
A) power gap
B) preference gap
C) technological gap
D) economic gap
E) life cycle gap

Question

Quizplus · Accepted Answer

Technological innovation can create a "technological gap" between a company and its competitors, giving it an advantage in the market. This can be particularly beneficial for a company both domestically and internationally as it can help increase efficiency, reduce costs, and improve product quality or features.

Technological Innovation Can Provide an Innovative Company a Competitive Advantage