While Looking a Series of Special-Case Product Life Cycles,you Observe

question 1

Multiple Choice

While looking a series of special-case product life cycles,you observe that one of the life cycles has had a rapid growth in sales resulting in a severe peak of the sales curve followed by a rapid decline.Which of the following product life-cycle curves is most likely represented by the above illustration

• A) Style life cycle
• B) Fashion life cycle
• C) Fad life cycle
• D) Niche life cycle
• E) Techno life cycle

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Definitions:

McGregor's Theory

Refers to Douglas McGregor's Theory X and Theory Y, which describe different assumptions managers might hold about employees' motivation and work ethic.

Ambition

The strong desire to achieve something, typically requiring determination and hard work.

Theory X

A management theory which assumes that employees are naturally unmotivated and need strict supervision and control to be productive.

Theory Y

A management concept that assumes employees are inherently motivated and responsible, and that they work best under conditions of freedom and empowerment.