Interactive television with video-on-demand capabilities changes how people watch television and how consumers access the Internet.This technology requires significant customer education for most people.What type of a product life cycle would be associated with this product?

Question

Quizplus · Accepted Answer

High-learning products require significant customer education for most people, just like interactive television with video-on-demand capabilities. As such, it is likely that this product would have a high-learning product life cycle, characterized by slow adoption rates initially, followed by rapid growth as consumer education and awareness increases.

Interactive Television with Video-On-Demand Capabilities Changes How People Watch Television