Generally,the average length of time it takes for a product category to move from the introduction stage of its product life cycle to the decline stage is __________.

Question

Quizplus · Accepted Answer

The length of time it takes for a product category to move from the introduction stage to the decline stage varies depending on the product and market. It can be unpredictable due to factors such as changes in technology, consumer preferences, and competition. Therefore, there is no set average length of time.

Generally,the Average Length of Time It Takes for a Product