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 tend 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 the rapid obsolescence and competitive pressures that require quick profitability.

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