Which of the Following Is NOT a Challenge Presented to Marketers

question 131

Multiple Choice

Which of the following is NOT a challenge presented to marketers by the product life-cycle?

• A)Innovation is very expensive and risky.
• B)A firm must be good at developing new products to replace aging ones.
• C)A firm must be good at adapting its marketing strategies.
• D)It is difficult to plot the stages as a product goes through them.
• E)Changing tastes,technologies and competition affect the marketing of the product as it passes through life-cycle stages.

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Definitions:

Wagner Act

A foundational statute in United States labor law that protects the rights of workers to form unions and engage in collective bargaining.

Wagner Act

Also known as the National Labor Relations Act of 1935; a foundational statute of United States labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Collective Bargaining

The process by which employers and unions negotiate the terms of employment, including wages, hours, and working conditions.

State Governments

The governing bodies of each of the 50 states in the United States, which have the power to create and enforce laws within their respective territories under the U.S. Constitution.