Product Lifecycle Stage 2
Authored by Tereigh Ozakpo
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University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a stage in the product lifecycle?
introduction
advancement
growth
maturity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The horizontal (x) axis on a product lifecycle shows
sales
profit
time
development
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The vertical (y) axis on a product lifecycle shows
sales
profit
time
product variations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At which stage of the lifecycle do sales rise at the fastest rate?
development
growth
decline
maturity
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What can a company do when product is in decline? Select any four (4).
remove from sale
hire new developers
new packaging
new pricing strategies
new product features
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a product is in decline and a company decides to carry out a new advertising campaign, this is
an extension strategy
a relaunch
a development activity
a growth strategy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which stage of the lifecycle are competitors most likely to enter the market if the product is successful?
introduction
growth
maturity
decline
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