Question 2
[Maximum number: 8]
Analyse two ways technological change might impact on CP's decision to develop nanopaints.
CAIE A-Level Business 6.1.4 Technological Change
Practise analysing how technological change affects a product-development decision through research capability, cost, speed, differentiation, risk and the response of competitors.
How this is tested
- identify the technological change and apply it to product development, process or market access
- trace the change to cost, speed, quality or differentiation, then balance investment and obsolescence risk