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.

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Definitions:

Asperger's Syndrome

A condition on the autism spectrum characterized by difficulties in social interaction and nonverbal communication, alongside restricted and repetitive patterns of behavior and interests.

Diagnosed

The process of identifying a disease or condition based on its signs, symptoms, and test results.

Labeling

The process of classifying and naming a phenomenon or a group of phenomena, often influencing perception and behavior towards it.

Learning Disabilities

Neurologically-based processing problems that can interfere with learning basic skills such as reading, writing, or doing math, and can also affect higher-level skills such as organization, time planning, abstract reasoning, long or short term memory, and attention.