There Is No Set Time That a Product Takes to Move

question 257

Multiple Choice

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

• A)services do not have a life cycle like products do.
• B)consumer products have shorter life cycles than business products.
• C)business products have shorter life cycles than consumer products.
• D)technological change tends to lengthen product life cycles.
• E)product life cycles are longer for ideas than for services.

---

Definitions:

Episodic Memory

An enduring memory type that deals with recalling particular events, situations, and personal journeys.

Temporally Dated

Associated with or fixed in terms of time or date.

Declarative Memory

A type of long-term memory that involves the recollection of specific facts and events that can be consciously recalled and declared.

Personal Experiences

Unique events or occurrences that an individual personally goes through, informing their perceptions, beliefs, and behaviors.