My company spent heavily on marketing when I was first launched, but sales grew slowly. Now, I’m starting to pick up steam as awareness spreads.

Products

Quiz
•
Business
•
10th Grade
•
Hard
Used 3+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Introduction Stage
Growth Stage
Maturity Stage
Decline Stage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
My sales soared at first, but competition is now increasing, and I’m struggling to keep up. The company focuses on differentiation and customer loyalty.
Decline Stage
Growth Stage
Introduction Stage
Increase Stage
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I’ve been around a while, and sales are now leveling off. The company makes small improvements, but I’m facing strong competition.
Increase Stage
Introduction Stage
Maturity Stage
Older Stage
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales are shrinking, and I’m losing popularity. My company is lowering prices and considering discontinuing me.
Maturity Stage
Incline Stage
Introduction Stage
Decline Stage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I used to be the go-to choice, but now, I’m outdated. Newer products have taken my place, and my sales are falling
Decline Stage
Introduction Stage
Idea Stage
Failing Stage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
My company is reviewing if I can be made within budget and meet quality standards. The team is testing the market for my production.
Product Development
Maturity Stage
Idea Stage
Decline
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
My company has gathered several ideas. Now, they are screening them to find the best one based on customer needs and production cost.
Idea Generation
Idea Screening
Opening Idea
Market Testing
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