A Biological Metaphor That Traces the Stages of a Product's

question 47

Multiple Choice

A biological metaphor that traces the stages of a product's acceptance,from its introduction (birth) to its decline (death) is called the:

• A) product diffusion process
• B) product phase
• C) product adoption stages
• D) product evolution cycle
• E) product life cycle

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Definitions:

Mergers

The combination of two or more companies into a single entity, often to achieve synergistic effects.

Career Goals

Objectives or benchmarks that individuals set for their professional development and advancement.

Career Development

The progression and growth of an individual’s career over time, often involving education, training, and work experience.

Occupation

The job or profession that a person engages in to earn a living or fulfill a role in society.