All products are assumed to have a complete product life cycle.Which of the following is NOT a reason why products ultimately decline?

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Quizplus · Accepted Answer

All consumers' wants and needs inevitably change is a valid reason for product decline, as consumer preferences and trends evolve over time. Poor marketing and non-marketing failures of firms can also contribute to a product's decline. The emergence of superior competitive products is another common reason for decline, as consumers often switch to newer or improved options.

All Products Are Assumed to Have a Complete Product Life