Which of the Following Is a Popular Criticism of Product

question 122

Multiple Choice

Which of the following is a popular criticism of product life-cycle theory?

• A) It has few actual examples that can be benchmarked.
• B) It is too costly to implement.
• C) Stages often follow fad trends.
• D) Life-cycle patterns are too variable in shape and duration.
• E) It only works in the North American market.

---

Definitions:

Norms And Procedures

Established guidelines and methods of operation within an organization or society that dictate expected behavior and actions.

External Party

An individual or group outside of an organization that interacts or has a relationship with it.

Resistance To Change

Opposition or reluctance to adapt to new conditions, innovations, or transformations.

Hierarchical Structure

An organizational setup where each level controls the level below, creating a pyramid-shaped system of control and authority.