Neil, an entrepreneur and inventor, developed new software to help retail stores manage their supply chain effectively. He was able to successfully sell his software to the retail industry. However, certain unscrupulous organizations began producing cheaper versions of the software. This lowered the popularity of the original version. Which of the following factors is affected by the knock-offs?
A) organizational suitability
B) technological feasibility
C) economic viability
D) capability development
E) social adaptability

Question

Quizplus · Accepted Answer

The knock-offs affect the economic viability of the original software as customers may switch to cheaper alternatives, reducing the revenue generated by the original software.

Neil, an Entrepreneur and Inventor, Developed New Software to Help