Discuss whether Elite should grab the new ADC and run for th

Discuss whether Elite should grab the new ADC and run for the pot of gold or play it safe and wait for more proven technology and competitive sources. Consider the advantages of being first to market compared with waiting for someone else to sustain the costs of working out the issues. (Hint: Develop an expected value analysis of the two alternatives).

Solution

ADC is a device that converts the converts the physical quantity of the voltage into analog or digital system. there are many researches and studies conducted and proven that it is profitable one.

here Elite can start the business with the new ADC technology and he can enjoy all the mono rights and facilities in the market. there is no need to wait for some more time and to something else. meanwhile if somebody starts the business he will not have the chance to enjoy the previlage in the competitive market.

ofcource he may have many risk factors to be considered and to become a best player in the market one should face all these consequences once. with out taking the risk no one can not become the best player in the market.

so, as per my knowledge Elite should start the ADC business immediately.