It Has Been Observed That Most New Products Have Shorter

question 57

Multiple Choice

It has been observed that most new products have shorter product life cycles. What is the reason for this?

• A) Most new products do not use technology.
• B) Most new products are not backed by a marketable idea.
• C) New products do not get adequate management support.
• D) Social and governmental constraints lead to this failure.
• E) Rivals quickly copy products that are successful.

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Definitions:

Micro Structures

Relates to the patterns of interactions and relationships between individuals or small groups within the larger framework of society.

Macrostructures

Large-scale social structures that influence the organization and behavior of societies.

Ethnomethodology

A sociological perspective focusing on the ways in which individuals make sense of their world, emphasizing the everyday practices and methods people use.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.