Final answer:
Apple Inc, Tesla, and Amazon are examples of companies that have disrupted their industries through rapid product development and constant innovation.
Step-by-step explanation:
An example of rapid product development and constant innovation in the business industry is Apple Inc. They have disrupted the smartphone and technology industry with their continuous improvements and new product releases. For example, each year Apple introduces new iPhone models with upgraded features and designs, showcasing their commitment to rapid product development.
Another example is Tesla, an electric car manufacturer. They have revolutionized the automotive industry with their innovative and high-performance electric vehicles. Tesla constantly pushes the boundaries of technology, introducing new models and features to stay ahead of the competition.
Furthermore, Amazon is a prime example of rapid product development in the e-commerce industry. They have disrupted traditional retail by constantly expanding their product selection, introducing new services like Amazon Prime, and streamlining their delivery processes.