product life cycle that results from products that are easily imitated by competitors,whose benefits are readily understood by consumers,and for which the appropriate marketing strategy is to broaden distribution quickly is typical for __________ products.

Question

Quizplus · Accepted Answer

A product life cycle that results from products that are easily imitated by competitors, whose benefits are readily understood by consumers, and for which the appropriate marketing strategy is to broaden distribution quickly is typical for low-learning products. These products do not require extensive education for consumers to understand the benefits, and competitors can quickly enter the market with similar products, leading to a short product life cycle.

Product Life Cycle That Results from Products That Are Easily