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.

---

Definitions:

Political Value

Fundamental beliefs or standards that guide individual or societal decisions and policies in the political arena.

Legitimacy

The rightful status, accepted and recognized by the public or law, that gives a government or ruling body authority over its subjects.

Liberty

The condition of liberty in society from authoritarian limitations on one's lifestyle, conduct, or political opinions.

Individual

Referring to a single person or thing, distinct from others in a group or category.