Question

Much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because

Multiple Choice
a.it takes lots of resources to survive disruptive innovation.
b.more competitors are offering targeted products.
c.globalization is transforming whole industries.
d.knowledge is the new competitive advantage.

Answer 1

Products and services must get to market faster due to increasing competition, globalization, and knowledge being the new competitive advantage.

Step-by-step explanation:

A clear supertrend in the market is that products and services must get to market faster. This is due to several factors, including the increasing competition from more targeted products and the transformation of industries due to globalization. Additionally, the new competitive advantage lies in knowledge.