Question 13 Technology is generally associated with artefacts that are tangible items, especially and whether for the direct use of consumers or for use as part of manufacturing processes. Technology is therefore concerned with practical knowledge of how to do things and how to use things. 1. processes and procedures 2. products and services 3. machines and equipment 4. technology and innovation 6 MNE3703/001/3/2021 Question 14 The significance of a technological paradigm is that, much like a scientific paradigm, it tends to be based on a selected set of 1. ideas 2. designs 3. programmes 4. innovations Question 15 In which phase does the innovation begin to diffuse to a wider range of applications by finding a broader market? 1. prosperity 2. recession 6 3. recovery 4. depression Question 16 phase, market saturation leads to ever-greater price competition and In the declining profitability 1. prosperity 2. recession 3. recovery 4. depression