Product life cycles are becoming longer for many products due to new technology,rapidly changing preferences of buyers and intense competition.

Name: Product life cycles are becoming longer for many products due to new technology,rapidly changing preferences of buyers and intense competition.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

The statement is stating the opposite of the truth. Product life cycles are actually becoming shorter due to the factors mentioned in the statement.

Product Life Cycles Are Becoming Longer for Many Products Due