Concerning product life cycles:
A) each of a producer's individual products follows the life cycle pattern.
B) in the early part of market maturity, new products begin to replace the old.
C) the stages usually have varying lengths.
D) in general, life cycles are getting longer.
E) None of these alternatives is true.

Question

Quizplus · Accepted Answer

Product life cycles do not have fixed lengths and can vary based on various factors such as market demand, competition, and technological advances. Therefore, option C is the only correct statement among the given alternatives.

Concerning Product Life Cycles