Question: How does short product life cycles affect the evolution of technology? It forces manufacturers to focus on low - cost production to slow down the

How does short product life cycles affect the evolution of technology?
It forces manufacturers to focus on low-cost production to slow down the evolution of technology.
It forces manufacturers to invest in research and new product development to stay ahead of competitors.
It causes manufacturers to focus on local markets so that they do not have to adopt new technology.
It causes manufacturers to abandon new product innovation.
It causes manufacturers to outsource their core competency.
How does short product life cycles affect the evolution of technology?

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