Which of the Following Is a Characteristic of the Growth

question 133

Multiple Choice

Which of the following is a characteristic of the growth stage of the product life cycle?

• A)advertising emphasis switches to primary demand
• B)a growing proportion of repeat purchasers to initial purchasers
• C)the number of distribution outlets shrinks due to growing inefficiencies
• D)profit margins increase as sales increase
• E)no new product features are added to maximize profits

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Definitions:

Organisational Members

Individuals who are part of an organization, including employees, managers, and stakeholders, each contributing to the organization's goals and culture.

Information Technology

The use of computers, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Changing Workplace

The ongoing evolution of work environments and practices, driven by factors like technology, culture, and changing employee expectations.

Changing Organisations

implies the process of making alterations, adaptations, or improvements within an organization to enhance efficiency, effectiveness, or adaptability to the external environment.