Design cycles and life cycles for products ________ in a hypercompetitive market.

Question

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In a hypercompetitive market, the pressure to innovate and constantly improve products is high, which means that design cycles and life cycles of products tend to shorten. Companies must quickly bring new and improved products to market to stay ahead of the competition, which results in a faster product turnover and shorter life cycles.

Design Cycles and Life Cycles for Products ________ in a Hypercompetitive