There Is No Set Time That a Product Takes to Move

question 15

Multiple Choice

There is no set time that a product takes to move through its life cycle. But, as a rule, __________.

• A)services do not have a life cycle like products do
• B)consumer products have shorter life cycles than business products
• C)technological change tends to lengthen product life cycles
• D)business products have shorter life cycles than consumer products
• E)product life cycles are longer for ideas than for services

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Definitions:

Congress

The legislative body of the United States federal government, consisting of two chambers: the House of Representatives and the Senate.

Underground Storage Tanks

Containers located below ground surface, used for storing liquids or gases and subject to environmental regulation.

Environmental Impact Statement

A detailed document required by law that outlines the effects of a proposed project or development on the environment.

Polluter and User Pay

A principle stating that those who produce pollution or use resources should bear the costs of managing it to prevent environmental degradation.