Question

Musccanic Inc., a company that manufactures microprocessors, updates the technology used in its microprocessors once every four years. A study conducted by the R&D team of the company revealed that the microprocessors' growth rate is initially slow, then becomes rapid, and eventually becomes slow again toward the end of the four-year cycle. In the context of technology cycles, this scenario best illustrates _____.'

Answer 1

Answer:

S-curve pattern of innovation.

Explanation:

Based on the information provided with regards to Musccanic Inc.'s microprocessor production cycle, it can be said that this scenario illustrates the S-curve pattern of innovation. This term refers to the slow rise in profits as a product enters a market, then the rapid rise as it hits its maturity stage, and then the decline as it reaches the end of it's life cycle, usually when an updated version is going to be released. Which in this scenario is every 4 years when a new microprocessor is going to be released.

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