How might a firm’s management decide whether it should continue to invest in current known technology or in new

How might a firm’s management decide whether it should continue to invest in current known technology or in new, but untested technology? What factors might encourage or discourage such a shift?

The management may want to see if they current technology has runs it’s course. They should also look into the old technology to see if it seems to be outdated in the next couple of years. Current technology has more advantages to them than the current known technologies. The new technologies are faster and reliable. For example think about DVD players. A lot of people nowadays don’t have DVD players or if they do I’m pretty sure they aren’t using them They Netflix and other apps or website that you can watch movies (old or new) on. But a business should research the new technology to make sure that it will continue to thrive in the future. You never know it might be the new big thing of the future. The new technology should be tested. Untested technology can very harmful to a business.