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Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

All products have a unique product lifecycle

a)

true

b)

false

2.

The product lifecycle shows

a)

stages a product goes through from development to removal from sale

b)

the difference variations of the product

c)

the level of sales as it goes through its life

3.

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

a)

introduction

b)

advancement

c)

growth

d)

maturity

4.

The section of a market controlled by a particular business is

a)

market growth

b)

market share

c)

market control

5.

Which of the following are characteristics of the development stage?

a)

falling sales

b)

product testing

c)

product trials

6.

The horizontal (x) axis on a product lifecycle shows

a)

sales

b)

profit

c)

time

7.

The vertical (y) axis on a product lifecycle shows

a)

sales

b)

profit

c)

time

d)

product variations

8.

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

a)

development

b)

growth

c)

decline

d)

maturity

9.

What can a company do when product is in decline?

a)

remove from sale

b)

new advertising campaigns

c)

new packaging

d)

new pricing strategies

e)

new product features

10.

When a product is in decline and a company decides to carry out a new advertising campaign, this is

a)

an extension strategy

b)

a relaunch

c)

a development activity

11.

In which stage of the lifecycle are competitors most likely to enter the market?

a)

decline

b)

maturity

c)

introduction

d)

growth

12.

Which stage of the lifecycle are competitors most likely to enter the market if the product is successful?

a)

introduction

b)

growth

c)

maturity

d)

decline

13.

At what stage of the lifecycle are CDs?

a)

decline

b)

development

c)

growth

d)

maturity

14.

At what stage of the lifecycle are mobile phone apps?

a)

growth

b)

maturity

c)

decline

d)

introduction

15.

At what stage of the lifecycle are airfryers?

a)

introduction

b)

growth

c)

maturity

d)

decline