Answer:
The anwer is A. Economic Viability.
Explanation:
This question represents a very common problem faced by many new innovators in the market. They put out a new product and then the rest follow and copy it.
When it comes to new products there are Several factors that influence it's popularity. Simply they are,
1. The affordability or the economic viability. Simply this means if a product is "feasible" cost wise and logistically. Price is a major factor that falls under this.
2. Technological feasibility means if the technology used in the product permits the product to be used effectively in Business operations.
3. Organization suitability: softwares and almost any asset is suitable for different organizations in different ways and might not be suitable for some organizations.
These are the major factors that influence a products popularity. However in this scenario, the entrepreneur Neil's product is becoming less popular because the Economic Viability of the software is coming down because of the much cheaper alternatives in the market.
The majority is a big business but some of them are small
Economic Activities are the actions related to the production, distribution, and exchange of goods and services. So for an evening news bulletin on TV or radio, some examples are:
- The service of the reporters who research a story and check facts
- The cost of paper and materials used in the newsroom
- The equipment that establishes a TV or radio signal and broadcasts it out to people
- Cable service or radios that are purchased in order to hear/see the news