Which of the following stages are considered in a product's life cycle?
i. Preliminary design
ii. Product pricing
iii. Product decline
A) i and ii
B) i and iii
C) ii and iii
D) i

Question

Quizplus · Accepted Answer

The product life cycle typically includes stages such as development (which can include preliminary design), introduction, growth, maturity, and decline. Product pricing is a strategy applied throughout these stages, not a stage itself.

Which of the Following Stages Are Considered in a Product's