• 2022-05-28
    Regarding product life cycles, a good marketing manager knows that:
    A: A) once a market goes into sales decline, oligopoly conditions set in.
    B: B) entirely different target markets may be involved at different stages of the product life cycle.
    C: C) industry profits are increasing well after sales start to decline.
    D: D) a product that doesn't get beyond the introduction stage is still likely to be very profitable.
    E: E) All of the above are true.
  • B

    内容

    • 0

      All marketing strategies are based on STP, namely market segmentation, target market selection, and ( ). A: positioning B: product C: plan D: sales promotion

    • 1

      Which of the following is a significant challenge presented by the product life cycle? A: increased expenses B: increased competition C: new product development D: evaluation of results E: recognizing the stages as a product goes through them

    • 2

      In the _____phase of product life cycle, the total sales volume begins to fall and price war may often break out.

    • 3

      In the initial stage of the product life cycle, the pricing strategy that sets high product prices in order to maximize profits is called the penetration pricing strategy.

    • 4

      The product life cycle begins when a new product is launched into the market and ends when the product is withdrawn from the market.