What is a product life cycle (PLC) ?
A) The impact of new products on the cycle of the business
B) The stages of time on the market through which a product progresses; can be divided into introduction,growth,maturity and decline
C) The time the product will remain relevant to the customer
D) The stages of time on the customer through which a product progresses; can be divided into the following: the old,the replacement and the new customer
Correct Answer:
Verified
Q7: An experienced entrepreneur:
A)uses outsourcing for their planning
B)uses
Q8: What are dynamic capabilities?
A)The strategic capabilities that
Q9: Which of the following are fatal flaws
Q10: The strategic management process:
A)is the full set
Q11: What is a SWOT analysis?
A)Analysing opportunities for
Q13: What are barriers to entry?
A)The barriers and
Q14: Global entrepreneurs are:
A)opportunity-minded,open-minded and able to see
Q15: The lack of strategic planning can result
Q16: Strategic positioning is:
A)business owners explaining their position
Q17: When preparing to go global,which of the
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