3 years ago

What is the rate of change in an industry called? a. Velocity b. Clockspeed c. Efficiency d. Swiftness e. Speed

Social Studies

1 answer:

Kazeer [188]3 years ago

6 0

Answer:

B- CLOCKSPEED

Explanation:

Clock speed is the rate of change in products, processes within an industry. New product development is found within an industry's clockspeed that gauges the velocity of change in the external business environment. Industry clock speed influences investments in product and technology development and how a firm engages with its supply network to leverage suppliers knowledge.

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