Companies in fast-cycle markets need to profit quickly from an innovative product for all of the following reasons EXCEPT

Companies in fast-cycle markets need to profit quickly from an innovative product for all of the following reasons EXCEPT


a. the technology used is not proprietary.


b. the prices of component parts tends to rise rapidly.


c. product prices fall quickly in fast-cycle markets.


d. counterattacks from rivals come quickly.


Answer: the prices of component parts tends to rise rapidly.


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Strategic Management Chapter 5

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