A firm with fast-cycle development processes has more timing of entry options.

Question

Quizplus · Accepted Answer

A firm with fast-cycle development processes is able to develop new products quickly, which provides them with more timing of entry options for introducing these products into the market. This is in contrast to a firm with slow-cycle development processes, which may have fewer opportunities for timing entry due to longer development timelines.

A Firm with Fast-Cycle Development Processes Has More Timing of Entry