________ are now extremely compressed; faster, more informed, and better decision making is therefore a competitive imperative. Managers need the right information at the right time and in the right place.
A) R & D
B) Business cycle times
C) Product life cycle
D) Forecasts

Question

Quizplus · Accepted Answer

The statement talks about compressed business cycle times which means the time available for decision making is less. Hence, faster and informed decision making is required which makes option B, i.e. Business cycle times, the best choice. Options A, C and D are not directly related to the statement.

________ Are Now Extremely Compressed; Faster, More Informed, and Better