The relationship between speed of innovation and product obsolescence is
A) direct (as innovation speed increases, products become obsolete more quickly).
B) inverse (as innovation speed increases, products become obsolete more slowly).
C) indirect (there is an effect, but it cannot be directly determined).
D) nonexistent (there is no relationship at all).

Question

Quizplus · Accepted Answer

As innovation speed increases, it leads to the introduction of new and better products, making the older products obsolete more quickly. Therefore, there is a direct relationship between speed of innovation and product obsolescence.

The Relationship Between Speed of Innovation and Product Obsolescence Is