Which is NOT a major challenge for many established manufacturers?
A) competition
B) customer demand
C) expanding product life cycles
D) pressure for efficiency

Question

Quizplus · Accepted Answer

Expanding product life cycles is not a major challenge for established manufacturers. In fact, many established manufacturers have the advantage of having a well-established and recognized brand identity that attracts customers and allows them to enjoy a competitive advantage over new entrants. However, competition, customer demand, and pressure for efficiency are all major challenges that established manufacturers may face.

Which Is NOT a Major Challenge for Many Established Manufacturers