Sales of products decline because of technological advances, shifts in consumer tastes, and increased competition.

Name: Sales of products decline because of technological advances, shifts in consumer tastes, and increased competition.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Technological advances can make older products obsolete, consumer tastes may change and favor different products, and increased competition may offer customers more options at better prices, all leading to a decline in sales of certain products.

Sales of Products Decline Because of Technological Advances, Shifts in Consumer