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Your competitors have launch a new product. As you elevate your response to compete with them, you realize thaht the technology employed in your current product has reached its limits and cannot be improved to increase the performance to effectively compete and the only option is to consider superseding with newer and advanced technology. What stage on the technology S-Curve are you on?
Correct Answer: C
The maturity stage on the technology S-Curve is characterized by the technology reaching its performance limits and experiencing diminishing returns on further investments. When a company's current technology can no longer be improved to compete effectively and the only option is to adopt newer and advanced technology, it indicates that the technology has matured. At this stage, incremental improvements are insufficient, and a technological leap is necessary to maintain competitiveness.