Question: From the Market Development Life Cycle, which stage can be described as where the technology has passed the test of usefulness and is now perceived
From the Market Development Life Cycle, which stage can be described as where the technology has passed the test of usefulness and is now perceived as necessary and standard for many applications. All the pragmatists who were hanging back from committing are rushing into the market to make sure they don't get left behind. Customers of many types from many fields are making their first purchases of the technology, and revenues are growing at doubleor even tripledigit rates. Competition is fierce, with investors bidding up the stock of every company that can participate in the category. urse Tech Bowling Alley Chasm Early Market Main Street Tornado
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