Companies in fast-cycle markets need to profit quickly from an innovative product for all of the following reasons
EXCEPT
A)the technology used is not proprietary.
B)the prices of component parts tends to rise rapidly.
C)product prices fall quickly in fast-cycle markets.
D)counterattacks from rivals come quickly.

Question

Quizplus · Accepted Answer

In fast-cycle markets, the prices of component parts do not necessarily rise rapidly; rather, the focus is on quickly profiting from innovations due to rapid product obsolescence and competitive pressures.

Companies in Fast-Cycle Markets Need to Profit Quickly from an Innovative