Banking Marketing Aptitude Product Life Cycle (PLC) Question Bank Product Life Cycle (PLC)

  • question_answer
    What are the major reasons for sales decline in the final stage of product life cycle?

    A)  Technological advances

    B)  Shifts in consumer tastes

    C)  Increased domestic and foreign competition

    D)  Both (a) and (b)

    E)  All of the above

    Correct Answer: E


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