The Product Life-Cycle Concept from Microeconomics and Marketing Provides Useful

question 116

Multiple Choice

The product life-cycle concept from microeconomics and marketing provides useful insights into the relations among cash flows from operating, investing, and financing activities.During the _____, net income usually reaches a peak, and working capital stops growing.Operations generate positive cash flow, enough to finance expenditures on property, plant, and equipment.Capital expenditures usually maintain, rather than increase, productive capacity.Firms use the excess cash flow to repay borrowing from the introduction and growth phases and to begin paying dividends to shareholders.

• A)introduction phase
• B)growth phase
• C)mature phase
• D)late maturity phase
• E)decline phase

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Definitions:

Earn Their Trust

The process of establishing credibility and reliability with others to foster confidence in one’s intentions and actions.

Employee Retention

The efforts and strategies employers use to keep their employees from leaving their jobs, often involving improving job satisfaction.

Community Beautification

Efforts and initiatives aimed at improving the physical appearance of a town, neighborhood, or city to enhance quality of life and community pride.

Parks and Planters

Initiatives or projects focused on creating or enhancing green spaces, such as parks and planter boxes in urban environments, for aesthetic, environmental, and community benefits.