All of the Following Are Leading to Shortened Product Life

question 43

Multiple Choice

All of the following are leading to shortened product life cycles except?

• A) Decreased competition
• B) Changing tastes
• C) Cheaper materials
• D) Technology changes

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Definitions:

Company Values

The core principles and beliefs that guide the behaviors, decision-making processes, and cultural environment of an organization.

Reinforce

The action of strengthening or supporting an idea, value, or physical structure to ensure its endurance or credibility.

CEO Activism

The actions and efforts of chief executive officers to publicly address and influence social, environmental, and political issues outside of their company's immediate business interests.

Competitive Response

The strategic actions a company takes to counteract the moves of its competitors, aiming to maintain or improve its market position.