Afirm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer. this would be which type of risk?

a) demonstrating bad timing

b) awakening a sleeping giant

c) mobile-based alternative removes advantages

d) running afoul of the law

e) implementing is poorly

a) Demonstrating bad timing.

Explanation:

If the firm releases a new technology with the hope of getting a lot of sales, only to have a competitor implement a similar, but more advanced or complete technology shortly after, it is because the firm is not aware enough of the timing of technological advancements.

A firm without bad timing should not have been surpassed in the technology department by a competitor so fast.

This kind of problem has hapenned in real life. for example, when Blackberry launched the 8000 - 9000 series of phones in 2006, only to have Apple launch the much more innovative and groundbreaking Iphone in 2007.

Variable expenses represent those daily spending decisions like eating at restaurants, buying clothes, drinking Starbucks and playing a round of golf with your buddies. These costs are not considered variable because they’re discretionary. Rather, they're "variable" because the amount that you spend differs from month-to-month.

Step-By-Step Explanation:

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