One of the two most important features of time-based competition involves ___________________.
A) advertising on the Internet
B) stopwatch time studies
C) setting time standards for task performance
D) instantaneous access to inventory information
E) developing new products and services faster than the competitor

Question

Quizplus · Accepted Answer

Time-based competition is all about developing and delivering products and services faster than the competition. This is the key feature that sets it apart from other types of competition. Other aspects, such as advertising and inventory management, may support time-based competition, but they are not the defining feature.

One of the Two Most Important Features of Time-Based Competition