_______________ is the time a product exists-from conception to abandonment.

Question

Quizplus · Accepted Answer

Product life cycle refers to the entire lifespan of a product, including its development, introduction, growth, maturity, and eventual decline/abandonment. Therefore, option A is the correct answer. Revenue producing life, consumable life, and introduction stage are all related concepts, but they do not encompass the entire lifecycle of a product.

_______________ Is the Time a Product Exists-From Conception to Abandonment