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

question 130

Multiple Choice

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

• A)Ironically, in the decline stage, sales decline even though profits remain the same.
• B)A product almost always enters the decline stage as the result of one major product flaw or marketing misstep.
• C)A major reason that companies enter the decline stage is as a result of an environmental change.
• D)The only real step that can be taken to avoid extinction is to increasing marketing expenditures as soon as the product enters its decline stage.
• E)Service industries are exempt from the decline stage since the product cannot become obsolete.

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Definitions:

Contaminated Soil

Soil that has been polluted by hazardous substances, rendering it toxic to humans, animals, or plants.

Thermodynamics

The branch of physics that deals with the relationships between heat and other forms of energy, and the laws governing the conversion of heat into work.

Energy

The capacity to do work or produce change, existing in various forms such as kinetic, potential, thermal, and chemical energy.

Parts Per Trillion

A unit of measurement used to denote extremely small concentrations of a substance in another, equivalent to one part in 10^12 parts.