Create your own New Technology and respond to the questions bellow Describe your new technology -

1. What other companies would be competitors for your product? How would they effect price?

2. Your product is efficient and always sells out, what would be a drawback to this?

3. Are there any seasonal events you could use or plan around for your product?

4. The government sets a price limit on your product, how that affect you as a business?

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.