There Is a High Probability of a Product Being Leapfrogged

question 8

Multiple Choice

There is a high probability of a product being leapfrogged when:

• A) The product which fails in one market finds new life in another
• B) The product falls out of favor in one market
• C) A competitor brings out a product that is at least one step better technologically
• D) The product does not make it to the maturity stage of the PLC
• E) Sales of products decline and they are removed from the market

---

Definitions:

Liability

A financial obligation or debt owed by a company to another entity, which is expected to be settled through the transfer of assets or services.

Inventory

Consists of all the goods a company has in stock that are ready to be sold, including raw materials, work-in-progress, and finished goods.

Expense

A cost or charge that a company incurs through its operations aimed at generating revenue.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.