Which of the Following Statements About the Decline Stage of the Product

question 310

Multiple Choice

Which of the following statements about the decline stage of the product life cycle is most accurate?

• A) Somewhat paradoxically, in the decline stage sales decline even though profits increase.
• B) A product always enters the decline stage as the result of a major product flaw or marketing misstep.
• C) A major reason that a firm's product enters the decline stage is as a result of changes in the marketing environment.
• D) The only real step that can be taken to avoid the decline stage and ultimately extinction is to increase marketing expenditures as soon as the product enters its maturity stage.
• E) Service industries are exempt from the decline stage because of their intangible nature.

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Definitions:

Language

A complex system of communication that uses sounds, symbols, or gestures in a structured and conventional way to express ideas and emotions.

Heteronomous Morality

The stage of moral development in which children view rules as fixed and unchangeable, imposed by authority.

Autonomous Morality

The stage in child development where children start to understand that rules and laws are created for people's mutual benefit and can be negotiated.

Preconventional Moral Reasoning

A stage in Kohlberg's theory of moral development characterized by decision-making based on direct consequences to oneself, such as punishment or reward.