To say that a product has a life cycle is to assert four things. Which of the following assertions impacts marketing, financial, manufacturing, purchasing, and human resource responsibilities in a company?
A) Products require different strategies in each life-cycle stage.
B) Products have a limited life.
C) Product sales pass through distinct stages, each posing different challenges, opportunities, and problems to the seller.
D) Profits rise and fall at different stages of the product life cycle.
E) All products have a life-cycle.

Question

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The Answer of To say that a product has a life cycle is to assert four things. Which of the following assertions impacts marketing, financial, manufacturing, purchasing, and human resource responsibilities in a company?
A) Products require different strategies in each life-cycle stage.
B) Products have a limited life.
C) Product sales pass through distinct stages, each posing different challenges, opportunities, and problems to the seller.
D) Profits rise and fall at different stages of the product life cycle.
E) All products have a life-cycle.

To Say That a Product Has a Life Cycle Is