
Industry Life Cycle

Quiz
•
Business
•
3rd Grade
•
Medium
Used 28+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Is it research and development (R&D) important in growth stage?
True
False
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
There are the importance of research and development (R&D), except
Crucial to survival
Not competitive
Continuous technology change
Changing consumer preferences
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which stage has many competitors?
Introduction Stage
Maturity Stage
Decline Stage
Growth Stage
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
True or False. Investor should invest more when the industry in decline stage.
False
True
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is a true statement about the maturity stage of the industry life cycle?
Profit increase.
It is the easiest stage for marketers.
Competition become less intense
Sales growth slows down.
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Which of the following is a true statement about the introduction stage of the industry life cycle?
Profits are usually nonexistent
There is intense competition
Sales growth is exploding
Costs are low.
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
People unaware of the existence of these product and firm trying to grow customer awareness as much as possible.
Maturity Stage
Growth Stage
Decline Stage
Introduction Stage
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