There Is No Set Time That a Product Takes to Move

question 308

Multiple Choice

There is no set time that a product takes to move through its life cycle. But as a rule,

• A) services are highly affected by social trends while tangible goods are not.
• B) consumer products have shorter life cycles than business products.
• C) business products typically show very short maturity stages.
• D) technological change tends to lengthen product life cycles.
• E) product life cycles are longer for ideas than for services.