When launching any technology product, a firm such as GoPro must create a balance between what is technically possible and wheth
er the intended customer has the right level of technological sophistication. the level of technological development of competitors. whether the technology provides benefits and responds to customer needs. what is most profitable in the first year.
Whether the technology provides benefits and responds to customers needs
Technological innovation can be defined as the introduction of new technical products and services or improving an existing ones.
One major reason for this is to address human needs and better serve individual . Therefore whenever any firm wants to launch any new product , it is important that it must create a balance between what is technically possible and whether the new technology provides benefits and responds to customers needs.
The correct answer is letter "B": affective commitment.
Affective organizational commitment represents the attachment workers have with the company they work for. It is typically generated when the firm has shown employees it cares for them and that the main objective of the company is not only its growth but also the workers'. Affective organizational commitment is said to increase employees' efficiency, thus, the firm's productivity.
When the demand for a product increases, it brings about an increase in price level because the producers see this as an avenue to stir up profit. They realize that their products are being sought after which is an indicator that customers overtime have validated the quality of that product, trust has now been established and a surge in price level will not deter the product demand in the market.
Pareto chart is the combination of line and bar graphs. This type of chart is usually used to present data with frequency of nonoccurence and unite measurement at the same time.(frequency of accidents and number of factors that cause the accidents. )
Other than that, Pareto chart is also commonly used in quality control or searching the highest cause of defects.