Product Life Cycle

Product Life Cycle

11th - 12th Grade

8 Qs

quiz-placeholder

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Product Life Cycle

Product Life Cycle

Assessment

Quiz

Business

11th - 12th Grade

Medium

Created by

Shonvettia Murphy

Used 174+ times

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8 questions

Show all answers

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

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this stage:

•Declining sales

•Low cost per customer

•Declining profits

•Laggards are targeted

•Declining competition

Product development

Introduction

Growth

Maturity

Decline