What dimension of competitiveness does time-to-market performance in product design and process selection affect?
A)Engineering hours per project
B)The cost of ongoing service
C)Responsiveness to customer needs
D)Aesthetics of design
E)None of these

Question

Quizplus · Accepted Answer

Time-to-market performance in product design and process selection affects the dimension of competitiveness related to responsiveness to customer needs. Customers want products that meet their needs and preferences in a timely manner. If a company is slower in bringing products to market, it risks losing customers to competitors who can provide similar products faster. Therefore, time-to-market performance is a critical factor in maintaining competitiveness in the marketplace. The other options are not as directly related to time-to-market performance.

What Dimension of Competitiveness Does Time-To-Market Performance in Product Design