A common strategy for extending the product life cycle is
A) organizational restructuring.
B) lowering quality to allow lower prices.
C) changing the product's brand name.
D) eliminating marketing expenses to cut costs.
E) looking for new markets.

Question

Quizplus · Accepted Answer

Looking for new markets can extend the product life cycle by introducing the product to new customers and increasing sales.

A Common Strategy for Extending the Product Life Cycle Is