When High-Tech and Electronics Companies Churn Out New Products Constantly

question 62

Multiple Choice

When high-tech and electronics companies churn out new products constantly, it demonstrates that they are competing for

• A) operational excellence.
• B) product leadership.
• C) customer intimacy.
• D) cost excellence.

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Definitions:

Skeptical

Having an attitude of doubt or a disposition towards incredulity either in general or toward a particular object.

Need to Belong

An inherent human drive to form and maintain strong, stable interpersonal relationships.

Psychologists

Professionals specializing in the science of behavior and mind, encompassing all aspects of conscious and unconscious experience as well as thought.

Fear of Failure

An apprehension or anxiety about failing to achieve a goal or success, which can inhibit risk-taking and growth.