Question: According to Shih ( 2 0 2 0 ) , how can the adoption of new technologies benefit companies and potentially impact their competitors or

According to Shih

(2020),

how can the adoption of new technologies benefit companies and potentially impact their competitors or suppliers?

Group of answer choices

By reducing the need for labor in preparing products for shipping.

By making factories more environmentally sustainable.

By allowing companies to lower costs and switch more flexibly among the products they manufacture, potentially rendering the installed bases of incumbent competitors or suppliers obsolete.

By enabling the production of smaller batch sizes for biopharmaceuticals and vaccines.

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