The product life cycle,as opposed to the competitive advantage life cycle,
A)helps an entrepreneur visualize the sales and profits of a product from the time it is introduced until it is no longer on the market.
B)details when a strength can be used in the market and when not to attack a rival.
C)reflects sales trends for the company's multiple products or services.
D)is based on the overall sales of the total product or service line.

Question

Quizplus · Accepted Answer

The product life cycle helps an entrepreneur understand how sales and profits will evolve over time with introduction of the product until it is taken off the market. It does not focus on attacking rivals or reflect sales trends for multiple products.

The Product Life Cycle,as Opposed to the Competitive Advantage Life