Question

What is the expected result of a technology that improves rapidly and alternative service options with superior quality become available

Answer 1

Answer:

C). Obsolescence

Explanation:

Obsolescence is defined as the 'state of being obsolete or no longer in use' as the better alternate options become available in the market which possesses the ability to offer higher productivity. It is 'the expected consequence of a technology that enhances briskly and alternative service options with upper quality become accessible.' The producers are more likely to switch to the alternate not always due to the uncompetitiveness of the present technology but also due to the higher advantages and yielding capacity of the new option. Thus, option C is the correct answer.