Canesta has developed a virtual keyboard out of light to be used with cell phones and personal digital assistants.The product beams an image of a keyboard on a desk,allowing the user to type on the image.The words are picked up by the user's digital device.Canesta is the pioneering firm in the field and is troubled by economic concerns.Production and promotional costs are high,and profits are negative.Such poor business performance is typical of firms in the introductory stage of the product life cycle.

Question

Quizplus · Accepted Answer

The passage mentions that Canesta has developed a new product, a virtual keyboard, which is a new technology in the market, indicating that it is in the introductory stage of the product life cycle. The passage also states that Canesta is troubled by economic concerns, and that production and promotional costs are high while profits are negative, which is typical of firms in the introductory stage of the product life cycle. Therefore, the statement is true.

Canesta Has Developed a Virtual Keyboard Out of Light to Be