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B. Business Theme 1 > Random Questions > Flashcards

Random Questions Flashcards

1
Q

Name 3 ways you could extend the product life cycle of a product?

A
  1. ADVERTISEMENT
  2. PRICE REDUCTION
  3. NEW PACKAGING
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2
Q

What is the first stage of development caused of the Product Life Cycle?

A

Development

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3
Q

What is the second stage of the product life cycle?

A

Introduction

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4
Q

What is the third stage of the product life cycle?

A

Growth

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5
Q

What is the fourth stage of the product life cycle?

A

Maturity

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6
Q

What is the fifth stage of the product life cycle?

A

Decline

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B. Business Theme 1 (4 decks)

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