Which of the Following Occurs During the Decline Stage of the Product

question 321

Multiple Choice

Which of the following occurs during the decline stage of the product life cycle?

• A) Sales drop.
• B) Flanking product lines are added.
• C) The product becomes less vulnerable to changes in the marketing environment.
• D) Promotional support is increased.
• E) Competition becomes intense as more competitors enter the market.

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Definitions:

Collectively Exhaustive

A term used to describe a set of events that covers all possible outcomes of an experiment.

P(A)

The probability of event A occurring in a given sample space, representing the likelihood of a specific outcome.

Collectively Exhaustive

A condition where all possible outcomes or cases are considered together, covering every eventuality.

Probability

A measure of the likelihood of a given event occurring, often expressed as a number between 0 and 1.