A strategy of deliberately slowing down the rate of introduction of new products by well-established and technologically advanced firms is best described as
A)a good strategy that maximizes economic rents.
B)a dangerous strategy as it provides opportunities for other firms to introduce new products.
C)a good strategy because firms only have a limited number of good projects.
D)a zero-NPV strategy.

Question

Quizplus · Accepted Answer

Deliberately slowing down the rate of introduction of new products provides opportunities for other firms to introduce new products, making it a dangerous strategy as it can result in loss of market share and competitive advantage.

A Strategy of Deliberately Slowing Down the Rate of Introduction