One Way to Guard Against Market Saturation of a Product

question 9

Multiple Choice

One way to guard against market saturation of a product is:

• A) to lower interest rates.
• B) to delay introduction of a new product.
• C) to personalize the message to the customer.
• D) to lengthen or rejuvenate product life cycles in other countries.

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Definitions:

Piaget's Theory

A theory of cognitive development that describes how children's intellectual abilities evolve through distinct stages as they grow.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept developed in early childhood.

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, where infants learn about the world through their sensory experiences and manipulating objects.

Jean Piaget

A Swiss psychologist known for his pioneering work in developmental psychology and his theory of cognitive development in children.