The Music Industry Has Changed Dramatically Over the Years

question 78

Multiple Choice

The music industry has changed dramatically over the years. In the 1970s, consumers purchased 8-track tapes. In the 1980s, cassette tape players caused the decline of 8- track tape players. In fact, today consumers would experience difficulty in Purchasing a new artist on 8-track tape. Now in the 2000s, MP3 players have become very popular and are being purchased by music lovers of every age and background. As sales of MP3 players continue to grow at an increasing rate, sales of CD players are weakening, the profits are declining, and the product may face a fate similar to that of 8-track tape players. Based upon this information, you can correctly conclude that CD Players are in the________ Product life cycle. Stage, and MP3 players are in the ________stage of the

• A)decline; maturity
• B)maturity; growth
• C)decline; introduction
• D)decline; growth

---

Definitions:

Ordering a Pizza

The act of requesting a pizza from a restaurant or food service, typically involving the selection of specific toppings, size, and delivery or pickup options.

Lessen Groupthink

The process of reducing the tendency of people in a group to conform to a prevailing point of view without critical reasoning or evaluation.

Cohesiveness of the Group

The strength of the bonds among group members and their commitment to staying together.

Consulting Outside Experts

The act of seeking advice or input from professionals or specialists who are not part of an organization or a specific project team, often to gain specialized knowledge or insights.