As companies adopt new technologies and increase their pace of innovation,the results may be
A) an industry wide shift to longer production cycles.
B) rapid product introductions.
C) less market segmentation.
D) slower product obsolescence.

Question

Quizplus · Accepted Answer

As companies adopt new technologies and increase their pace of innovation, they are more likely to introduce products more rapidly to stay ahead of competition. This would lead to a faster pace of product introductions. However, it is unlikely to result in longer production cycles, less market segmentation or slower product obsolescence.

As Companies Adopt New Technologies and Increase Their Pace of Innovation,the