The product life cycle
A) shows how sales volume changes over time for products.
B) can help managers recognize that strategies need to evolve over time.
C) begins when a new product or technology is first introduced.
D) generally consists of four stages.
E) All of these choices

Question

Quizplus · Accepted Answer

The product life cycle shows how sales volume changes over time for products and can help managers recognize that strategies need to evolve over time. It begins when a new product or technology is first introduced and generally consists of four stages. Therefore, all of the choices are correct.

The Product Life Cycle