ITPEC FE Subject A April 2024 Question 52

Source exam: ITPEC FE Subject A April 2024Topic: Management Strategy

ITPEC FE Subject A April 2024 — Question 52 of 60

The technology S curve plots technological performance over time, forming an S-shape with three distinct phases:
- Slow start — early R&D, limited progress

- Rapid growth — breakthroughs accelerate improvement

- Stagnation — physical/economic limits reached, progress flattens

Why not others:
- (a) — describes a diffusion curve (how technology spreads among users), not technological progress itself

- (b) — describes changes in awareness over time — unrelated to the S curve concept

- (d) — describes the experience curve (unit cost decreases as cumulative production increases)

Key rule: S curve = technology performance over time (slow → fast → plateau). Don't confuse with diffusion curve (adoption by users) or experience curve (cost vs. volume).

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