Share
Explore BrainMass

Benefits of Developing New Products Fast

What are the benefits to the firm that can develop new products faster than its competition?

Solution Preview

Benefits of developing a new product faster than its competition are:
1. Company can establish a reputation as an industry leader, move down the learning curve to assume the cost leader position and earn ...

Solution Summary

The benefits to a firm that can develop new products faster than its competition are discussed.

$2.19