There Is No Set Time That a Product Takes to Move

question 68

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 tangible life cycle
• B) consumer products have shorter life cycles than business products
• C) packaged goods have a shorter life cycle than clothing
• D) technological change tends to lengthen product life cycles
• E) product life cycles are longer for ideas than for services

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Definitions:

Criminality

Behavior that violates laws or involves the commission of crimes.

Insanity Defense Reform Act

A legal reform measure attempting to amend the criteria under which individuals can be considered legally insane and therefore not responsible for their criminal actions.

American Psychiatric Association

A professional organization of psychiatrists aimed at ensuring humane care and effective treatment for all persons with mental illness, including substance use disorders.

American Law Institute

An organization comprised of lawyers, judges, and legal scholars that drafts model laws and promotes the clarification and simplification of United States common law.