Which of the Following Is True of the Product Life

question 2

Multiple Choice

Which of the following is true of the product life cycle (PLC) ?

• A) All products generally go through all five stages of the PLC.
• B) All products pass through the stages of PLC in the same order.
• C) It is generally difficult to forecast the sales level at each PLC stage.
• D) The PLC concept can be applied to styles but not to fashions and fads.
• E) Product forms have longer life cycles than product classes.

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Definitions:

Countries

Nation-states with defined boundaries and sovereignty over its territory, recognized by international law and organization.

Gross Domestic Product

The total market value of all goods and services produced within a country in a specific time period, serving as a broad indicator of a country's economic performance.

Services Produced

The output of economic activities that provide intangible benefits or fulfill needs, such as education, healthcare, and entertainment.

Indigenous Peoples

Refers to the original inhabitants of a given region or country, who have distinct cultural, social, and historical identities, often maintaining practices and traditions that predate colonial influences.