The Life Cycles of Many Products Are Becoming Shorter

question 61

Multiple Choice

The life cycles of many products are becoming shorter

• A)causing companies to recognize that it may be more advantageous to confront,rather than compete with,the competition.
• B)making products in the maturity stage of their life cycle the basis on which firms expect growth to be generated.
• C)so companies spend less and less on product design and development because products will not last as long as previously.
• D)meaning that tools such as benchmarking and target costing become less important in adapting to the competitive environment.

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Definitions:

Undifferentiated Cells

Cells that have not yet specialized into a specific cell type and retain the capacity to develop into various cell types in the body.

Specialize

The process by which cells or organisms adapt or become more suited to perform a specific function or to thrive in a particular environment.

Stem Cells

Undifferentiated cells capable of division and differentiation into various types of cells and tissues.

Mouse Genes

Genes that are located within the genome of mice, often used as models to study gene function and regulation in genetics research.