When Thinking About the Product Life Cycle,a Good Manager Knows

question 247

Multiple Choice

When thinking about the product life cycle,a good manager knows that

• A)sales and profits for individual brands always follow the same life-cycle pattern as industry sales and profits.
• B)the only stage in which products are introduced is the market introduction stage.
• C)all products will eventually earn a profit.
• D)a product that is mature in one market may be in the growth stage in another international market.
• E)None of these answers is correct.

---

Definitions:

Default Value

A value that a software or database field automatically assumes unless changed by the user.

Field Size

The allocated size or length of data that can be entered or stored in a specific field in a database or form.

Delete

The action of removing an item, such as a file, a piece of data, or a code element, from a system or database.

Decimal Places

The number of digits to the right of the decimal point in a number, which determines the precision of the value.