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S_leve3 S_leve3
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9 years ago
Tosho Electronics, a leading Japanese, electronic manufacturer believes shorter product life cycles of new products reduces the scope for R&D and innovation. Offer a possible reason for shorter lifecycles.
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wrote...
9 years ago
Student answers may vary.
Rivals are quick to copy success of an innovation. An innovative product is copied even before the company recovers the cost of R&D. This leads to shorter product life cycles for products.
 
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