Which of the following is NOT a factor that a manager should bear in mind when estimating a project's revenues and costs?
A) Sales of a product will typically accelerate, stabilize, and then decline as the product becomes outdated or faces increased competition.
B) A new product typically has its highest sales immediately after release as customers are attracted by the novelty of the product.
C) The prices of technology products tend to fall over time as newer, superior technologies emerge and production costs decline.
D) Prices and costs tend to rise with the general level of inflation in the economy.

Question

Quizplus · Accepted Answer

B is incorrect because it generalizes that new products have their highest sales immediately after release, which is not always true. Sales patterns can vary widely depending on the product, market conditions, and marketing efforts. Other factors such as product quality, market readiness, and competition also significantly influence sales trends over time.

Which of the Following Is NOT a Factor That a Manager