Identify the correct statement about the decline phase of the product life cycle.
A) Advertising and promotion expenses are usually nearly ratified at this point.
B) Many products go into decline,only to be resurrected in the future as styles come back to old standards.
C) Companies upgrade their product lines in order to cut costs.
D) Companies market to less profitable segments to squeeze as much profit out of the final stage as possible.
Correct Answer:
Verified
Q44: The optimum price is primarily a function
Q45: _ products have lots of substitutes or
Q46: Which of the following is an example
Q47: Which of the following is an example
Q48: Of all the marketing variables available,which is
Q50: Identify the incorrect statement about the growth
Q51: All of the following influence the prices
Q52: A product for which there are few
Q53: Which of the following statements about the
Q54: _ is the process of making the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents