important aspects of product life cycles are: (1)their length; (2)the shape of their sales curves; (3)how they vary with different levels of products; and (4)the rate at which __________.

Question

Quizplus · Accepted Answer

The rate at which consumers adopt products is an important aspect of the product life cycle, as it determines the speed at which a product moves through its various phases (i.e. introduction, growth, maturity, and decline). The length of the life cycle, the shape of the sales curve, and how it varies with different levels of products are also important aspects, but do not directly relate to the rate at which consumers adopt products.

Important Aspects of Product Life Cycles Are: (1)their Length; (2)the