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Answer:
The invention of a machine to make plastic corks for wine bottles has severely affected companies that produce traditional cork. The invention of the machine for making plastic corks is an example of a(n)<u><em> technological </em></u>advancement.
Explanation:
In business, technological advancement demands that a shift and adaptation be made with the advancements in order to compete in today's changing market place. In order to have a balanced business, it is necessary that a company adapt to the changes and change its product according to the market.
In the above mentioned example, the companies making traditional cork will have to make plastic corks and modify their products if they want to stay in the market.
Answer: b) Sensitivity analysis.
Explanation:
Sensitivity analysis is described as the assessment that reflects about strong condition of it.It works by describing the extent to which change or modulation can impact the values or model to become uncertain so that it can be split and place in the category source of uncertainty and related input.
Other options are incorrect because uncertainty analysis determines the uncertain property due to change.Probability analysis is carried out for evaluation of probability.Cost analysis is based on economic assessment.Thus, the correct option is option(b).