Marketing strategy planning for a product depends on where the product is in its life cycle and how fast it is moving to the next stage.

Name: Marketing strategy planning for a product depends on where the product is in its life cycle and how fast it is moving to the next stage.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. The marketing strategy of a product should be designed based on the product's life cycle and the rate of movement to the next stage.

Marketing Strategy Planning for a Product Depends on Where the Product