Which of the Following Is NOT a Challenge Presented by the Product

question 117

Multiple Choice

Which of the following is NOT a challenge presented by the product life cycle that a firm must face?

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

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Definitions:

Legitimate Power

The authority that a person or position holds within an organization, which is accepted and recognized by others as right and proper.

Organizational Position

The rank or status of an individual within a company's hierarchy, defining their roles, responsibilities, and authority.

Control

The process of directing and regulating the behavior or course of events in a business to achieve management's objectives.

Motivating Commitment

The process of encouraging individuals to remain dedicated and persist in their engagement with tasks or goals.