Successful firms maintain consistency in their marketing mix strategies throughout the product life cycle.

Name: Successful firms maintain consistency in their marketing mix strategies throughout the product life cycle.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Successful firms often adjust their marketing mix strategies (product, price, place, and promotion) at different stages of the product life cycle to adapt to changing market conditions, consumer needs, and competitive pressures.

Successful Firms Maintain Consistency in Their Marketing Mix Strategies Throughout