Organizations strive to develop new products more rapidly and to get them to market more quickly. This is a response to changes in ________.

Question

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Competition is the primary driving force behind organizations' efforts to develop and launch new products quickly. Companies face increasing pressure to keep up with their competitors and stay relevant in the marketplace, which necessitates a focus on innovation and speed. Demographic trends, social trends, legal requirements, and the nature of the workforce may all influence a company's product development strategy, but they do not directly drive the need for speed and agility in bringing products to market.

Organizations Strive to Develop New Products More Rapidly and to Get