Each product will have a life cycle-its exact shape and length are known in advance.

Name: Each product will have a life cycle-its exact shape and length are known in advance.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

While a product's life cycle can be estimated based on market and consumer trends, it is not exact and can vary depending on various factors such as competition, consumer demand, technological advancements, and other market variables. Therefore, the exact shape and length of a product's life cycle cannot be known in advance.

Each Product Will Have a Life Cycle-Its Exact Shape and Length