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Question
Technological innovations increase:
a. the gross domestic product of an economy.
b. product life cycles.
c. the time required for product development and introduction.
d. the production costs of multiple product variations.
Answer
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Related questions
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c. a bundling relationship.
d. disintermediation.
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If a firm willingly cannibalizes its existing products with more advanced products, the firm can make it very easy for other firms to achieve a technological lead large enough to prove persuasive to customers.
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Which of the following is an advantage typically associated with cross-functional teams?
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Managers of lightweight teams are normally junior or middle management employees.
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