Technology and Market Dynamics Quiz

What can be a result of launching a product in one country but not another?

• Global success

• Complete failure

• Immediate popularity

• Instant profitability

What has the Internet helped to create in the world trade?

• Limited competition

• A global marketplace

• Higher prices

• Fewer choices

What is the benefit of being the first to market with a new technology?

• Higher production costs

• Increased market share

• More employee turnover

• Less consumer interest

How has the development of rechargeable battery technology affected the function and form of mobile phones over the last 30 years?

• It has made phones larger and heavier.

• It has reduced the need for touch screens.

• It has allowed for smaller, more efficient designs.

• It has increased the cost of phones.

What was a major factor in the development of the smartphone?

• The invention of the internet.

• Improved battery technology.

• The creation of social media.

• The development of virtual reality.

What does the text suggest about the cost of new technology when it first comes to market?

• It is usually very cheap.

• It is usually very expensive.

• It is always the same.

• It varies greatly.

What year was touch screen technology first used in a product?

• 1965

• 1973

• 1990

• 2000

What is a benefit of ongoing R&D mentioned in the text?

• It increases the size of products.

• It reduces the need for marketing.

• It provides reliable components at cheap prices.

• It eliminates the need for consumer feedback.

What is the significance of miniaturisation of electronic components?

• It makes products more expensive.

• It allows for larger devices.

• It helps in the development of compact devices.

• It reduces the need for batteries.

How has digital photography changed the way photographs are viewed and processed?

• Digital photography has made processing slower and more expensive.

• Digital photography has eliminated the need for any processing.

• Digital photography has made viewing and processing faster and more accessible.

• Digital photography has had no impact on viewing and processing.