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

question 93

Multiple Choice

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

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

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Definitions:

One-Child Pledge

A policy or agreement to limit families to only one child, often to control population growth.

Demographic Transition

The transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Financial Capital

The monetary resources owned or available to individuals, companies, or countries for investment in wealth-generating assets.

Developing Countries

Nations with lower levels of industrialization, economic activity, and human development index compared to developed countries, often working towards growth and advancement.