To Say That a Product Has a Life Cycle Is

question 30

Multiple Choice

To say that a product has a life cycle is to assert all of the following EXCEPT ________.

• A) products have a limited life
• B) product sales pass through distinct stages, each posing different challenges, opportunities, and problems to the seller
• C) products all basically exhibit cycle-recycle growth patterns
• D) profits rise and fall at different stages of the product life cycle
• E) products require different marketing, financial, manufacturing, purchasing, and human resource strategies in each life-cycle stage

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Definitions:

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