Life Cycles

Which phase of the life cycle is characterized by peak performance and stability?

• Birth

• Growth

• Maturity

• Decline

What is the first stage of the product life cycle?

• Growth - product sales increase

• Introduction - new product to the market

• Maturity - product sales start to slow down

• Decline - product sales decrease

What is the second phase of the product life cycle?

• Introduction - new product released

• Maturity - product sales start to slow down

• Growth - product sales increase

• Decline - product sales decrease

What is the 3rd stage of the product life cycle?

• Maturity - product sales start to slow down

• Decline - product sales decrease

• Growth - product sales increase

• Introduction - new product release

What is the 4th/final stage of the product life cycle?

• Growth - product sales increase

• Introduction - new product release

• Decline - product sales decrease

• Maturity - product sales start to slow down

Who developed the concept of the family life cycle?

• Sigmund Freud

• Evelyn Duvall

• Carl Jung

• Abraham Maslow

Which stage of the human life cycle is typically associated with learning and development?

• Infancy

• Adolescence

• Adulthood

• Elderly

In the family life cycle, which stage involves raising children and managing household responsibilities?

• Launching

• Child Rearing

• Empty Nest

• Retirement

What is the primary focus during the 'launching' stage of the family life cycle?

• Career development

• Raising children

• Children leaving home

• Retirement planning

Which life cycle stage is characterized by the transition from work life to retirement?

• Adolescence

• Middle Age

• Elderly

• Retirement