The Growth Phase of the Product Life Cycle Is Always

question 53

Multiple Choice

The growth phase of the product life cycle is always dynamic.Which of the following does not occur in this phase?

• A) Profits increase as sales increase.
• B) Profits increase as economies of scale are attained.
• C) Some new competitors may enter the market with similar products.
• D) Some competitors will exit in an "industry shakeout."
• E) Price competition with protracted price wars erodes profits.

---

Definitions:

Current Circumstances

The existing situation, conditions, or context at the present moment.

Human Condition

Refers to the range of key experiences, emotions, and challenges that define human existence and encompass aspects such as birth, growth, emotionality, aspiration, conflict, and mortality.

Preoccupation

The state of being absorbed or engrossed in thoughts or concerns, often leading to a lack of awareness of one’s surroundings or the task at hand.

Tangible Rewards

Physical or material incentives given to individuals as acknowledgment of their effort or achievements.