Product Life Cycle
Authored by Shonvettia Murphy
Business
11th - 12th Grade
Used 186+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not a stage of the product life cycle?
Product development
Introduction
Decline
Maturity
Competitive growth
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Select the products that do not follow the product life cycle.
Fads
Styles
Automobiles
Fashions
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this stage:
•Begins when the company develops a new-product idea
•Sales are zero
•Investment costs are high
•Profits are negative
Product development
Introduction
Growth
Maturity
Decline
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this stage:
•Low sales
•High cost per customer acquired
•Negative profits
•Innovators are targeted
•Little competition
Product development
Introduction
Growth
Maturity
Decline
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this stage:
•Low sales
•High cost per customer acquired
•Negative profits
•Innovators are targeted
•Little competition
Product development
Introduction
Growth
Maturity
Decline
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this stage:
•Rapidly rising sales
•Average cost per customer
•Rising profits
•Early adopters are targeted
•Growing competition
Product development
Introduction
Growth
Maturity
Decline
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this stage:
•Sales peak
•Low cost per customer
•High profits
•Middle majority are targeted
•Competition begins to decline
Product development
Introduction
Growth
Maturity
Decline
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