What does the term 'time to market' refer to?
Time to Market
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Business
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University
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Hard
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The video tutorial explains the concept of time to market, which is the period from product conception to availability in the market. It discusses various approaches businesses use, including speedy, predictable schedule, flexible, and minimized cost approaches. Each approach has its own advantages and challenges, focusing on factors like speed, scheduling, customer needs, and cost reduction.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the 'speedy' approach to time to market.
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is meant by 'predictable schedule time to market'?
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4.
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3 mins • 1 pt
Explain the concept of 'flexible time to market'.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the goal of a 'minimized approach' to time to market?
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