With time-based competition,the objective is to significantly compress the time required to propose,develop,produce,market,and deliver products.

Question

Quizplus · Accepted Answer

Time-based competition is all about reducing the time needed to complete tasks related to product development, production, and delivery. This approach aims to shorten the time-to-market and gain a competitive advantage in the industry. Therefore, the statement is true.

With Time-Based Competition,the Objective Is to Significantly Compress the Time