Which of the Following Statements Is NOT TRUE of the Product

question 184

Multiple Choice

Which of the following statements is NOT TRUE of the product life cycle?

• A) How long a whole product life cycle takes, and the length of each stage, varies a lot across products.
• B) Although the life of different products varies, on average product life cycles are getting longer.
• C) The greater the comparative advantage of a new product over those already on the market, the more rapidly its sales will grow.
• D) If the product can be tried on a limited basis, without a lot of risk to the customer, it can usually be introduced more quickly.
• E) A product idea may be in a different life-cycle stage in different markets.

---

Definitions:

Hypnosis

A focused state resembling trance, characterized by heightened suggestibility, commonly utilized for therapeutic goals.

Projective Tests

Psychological assessments where subjects respond to ambiguous stimuli, revealing hidden emotions, desires, and conflicts.

Repressed Memories

Memories of traumatic events unconsciously blocked from conscious awareness, often considered to be a defense mechanism.

Psychological Disorders

Patterns of behavioral or psychological symptoms that impact multiple areas of life, leading to significant distress and impairment in functioning.