Product Life Cycle

Product Life Cycle

1st - 3rd Grade

6 Qs

quiz-placeholder

Similar activities

Unity in Diversity

Unity in Diversity

2nd - 4th Grade

10 Qs

G1.SS.Home and School

G1.SS.Home and School

KG - 2nd Grade

10 Qs

Social Studies

Social Studies

3rd Grade

10 Qs

Civics and Social Studies Quiz

Civics and Social Studies Quiz

2nd Grade

10 Qs

Games We Play

Games We Play

3rd Grade

10 Qs

Jobs in nature

Jobs in nature

3rd Grade

10 Qs

All About Barbados

All About Barbados

KG - 4th Grade

11 Qs

Alexander Graham Bell

Alexander Graham Bell

3rd Grade

10 Qs

Product Life Cycle

Product Life Cycle

Assessment

Quiz

Social Studies

1st - 3rd Grade

Practice Problem

Medium

Created by

Bo Gao

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following activities does not take place during the research and development stage of the product life cycle?

Market research

Monitoring competitors

Publicity

Test marketing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The stage in a product's life cycle that requires significant investment yet often incurs losses is known as

Decline

Growth

Launch

Maturity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Features of the launch stage for most products do not include

Extensive promotion and advertising

Low sales volume

Market research and development

Negative cash flow

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Products that are sold from one business to another in order to further the production process are known as

Producer goods

Consumer goods

Durable goods

Perishable goods

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Possible strategies to reverse a decline in the sales of a product do not include

Additional features added to the product, such as special or limited editions

Expanding into new markets overseas

Increased use of promotional strategies

 Increasing prices to improve the image (perception)of the product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rapid changes in technology and fashion have shortened the life cycles of product in certain industries.

True

False