Rapid technological development:
A) Requires less management control
B) Has no affect on product life cycles
C) Lengthens product life cycles
D) Shortens product life cycles

Question

Quizplus · Accepted Answer

Rapid technological development shortens product life cycles. This is because newer and better products are constantly entering the market, making older products obsolete quickly. As a result, companies must innovate and update their products at a faster pace to remain competitive.

Rapid Technological Development