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2. An electronics company has recently decided to venture into a business area developing smartphones. The smartphone will be designed to run on high-speed networks.

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2. An electronics company has recently decided to venture into a business area developing smartphones. The smartphone will be designed to run on high-speed networks. The company has considerable previous experience with low cost, voice and text only, mobile phones and believes that a cheaper price could present a value-added challenge to the smartphone market. It would like to have a working model to present at a national electronics fair coming up 90 days from now. What do you think is the most appropriate life cycle approach? What is the advantage of this approach for this project

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