All Products Go Through a Product Life Cycle of ________

question 257

Multiple Choice

All products go through a product life cycle of ________ stages:

• A) two; new and improved.
• B) two; growth and decline.
• C) three; new, improved, and obsolete.
• D) four; awareness, interest, trial, and adoption.
• E) four; introduction, growth, maturity, and decline.

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Definitions:

Mental Process

The internal, covert activities of the mind, such as thinking, reasoning, and remembering.

Classical Conditioning

is a learning process where a neutral stimulus becomes associated with a meaningful stimulus, producing a similar response, originally identified by Ivan Pavlov.

Operant Conditioning

A process of teaching in which a behavior's force is adjusted through the use of incentives or consequences.

Reinforcements

In psychology, it refers to anything that strengthens or increases the likelihood of a behavior by following it with a desirable outcome or reward.