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Product lifecycle

Authored by Haldit Petrie

Business

12th Grade

11 Questions

Used 11+ times

Product lifecycle
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1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The product lifecycle shows

stages a product goes through from development to removal from sale

the difference variations of the product

the level of sales as it goes through its life

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a stage in the product lifecycle?

introduction

advancement

growth

maturity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The section of a market controlled by a particular business is

market growth

market share

market control

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are characteristics of the development stage?

falling sales

product testing

product trials

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The horizontal (x) axis on a product lifecycle shows

sales

profit

time

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The vertical (y) axis on a product lifecycle shows

sales

profit

time

product variations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At which stage of the lifecycle do sales rise at the fastest rate?

development

growth

decline

maturity

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