Alex is reviewing the performance of a bottled beverage sold by his company. There is much debate throughout the company about the viability of this product and whether it is likely to grow or to go into decline. To determine its stage in the product life cycle Alex should consider
A) commercialization rates.
B) time, sales, and profits of the product.
C) the expertise of experienced company managers.
D) the potential for new product development.
E) the brand acceptance wall.

Question

Quizplus · Accepted Answer

Alex should consider time, sales, and profits of the product to determine its stage in the product life cycle, as these factors provide insights into whether the product is in the introduction, growth, maturity, or decline stage.

Alex Is Reviewing the Performance of a Bottled Beverage Sold