Product Life Cycle
Authored by Estela Marie Reyes
Business
12th Grade
Used 53+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Product Life Cycle?
The estimation of how long it will take the product to falter in the market.
The entire existence of a product from its origins to its death.
The length of time it takes for a product to enter the market
The cycle of how many times a product is copied in the market.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the correct pattern of stages of product life cycle?
Introduction-Maturity-Growth-Decline
Introduction-Growth-Decline-Maturity
Introduction-Growth-Maturity-Decline
Introduction-Decline-Maturity-Growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Industry will have shorter product life cycle?
Banking
Retail Products
Technology
All of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the stage that focuses on creating product awareness and trial.
Introduction
Growth
Maturity
Decline
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a period of market acceptance and increasing profits.
Introduction
Growth
Maturity
Decline
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a stage wherein sales volume peak.
Introduction
Growth
Maturity
Decline
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the stage wherein demands for a product reduce.
Introduction
Growth
Maturity
Decline
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