Which of the following is a factor that determines a product's life cycle stage?
A)the length of time the product sits in the warehouse before shipping
B)the product's benefits and the importance of the needs it fulfills
C)the competitors' compensation structure for salespeople
D)changes in the product's production method
E)the length of time a product has been around

Question

Quizplus · Accepted Answer

A product's life cycle stage is primarily determined by the product's benefits and the importance of the needs it fulfills. This includes factors such as customer demand, competition, and market saturation. The other options listed do not directly impact a product's life cycle stage.

Which of the Following Is a Factor That Determines a Product's