Once a Good or Service Nears the End of Its

question 38

Multiple Choice

Once a good or service nears the end of its product life cycle, the firm recognizes that

• A) it is impossible to revert to an earlier stage of the model.
• B) it can return to an earlier stage through creative marketing.
• C) it will enjoy relatively high profits.
• D) marketing dollars spent now will provide little benefit.

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Definitions:

Variable Name

An identifier assigned to a storage location in memory to store values during a computer program's execution.

Declared

In programming, to specify the type and optionally the initial value of variables or functions before they are used.

Global Variables

Variables defined in a program's global scope, accessible and modifiable from any part of the program.

Physically Placed

Refers to the actual location or arrangement of components within a hardware system or in a specific memory area.