Which of the following is true of the product life cycle (PLC) ?
A) Product forms have longer life cycles than product classes.
B) The PLC concept can be applied to styles but not to fashions and fads.
C) It is generally difficult to forecast the sales level at each PLC stage.
D) All products pass through the stages of PLC in the same order.
E) All products generally go through all five stages of the PLC.
Correct Answer:
Verified
Q63: Distinguish between a product idea, a product
Q67: Explain what happens during the concept testing
Q68: Craft Inc.'s Krayons is a multi-colour chalk
Q70: Which of the following statements is most
Q71: In which stage of the product life
Q74: Appliances Galore is continually updating its line
Q75: When a product is in the stage,
Q76: A currently accepted or popular style (for
Q78: What is test marketing? What role does
Q78: A product life cycle has five distinct
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents