MCQs > Finance & Management > Corporate Strategy > Speed-based strategies focus on allowing the business to meet customer needs more quickly than competitors. Which one is an important activity to implementing a speed-based strategy?

Corporate Strategy MCQs

Speed-based strategies focus on allowing the business to meet customer needs more quickly than competitors. Which of the following is an important activity to implementing a speed-based strategy?

Answer

Correct Answer: Decreasing product development cycles.

Explanation:

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