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    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 15: Product Development and Supply Chain Management
  5. Question
    The Product Life Cycle and Competitive Advantage Life Cycle Differ
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The Product Life Cycle and Competitive Advantage Life Cycle Differ

Question 1

Question 1

True/False

The product life cycle and competitive advantage life cycle differ in that the product life cycle reflects trends for a specific product or service,whereas the competitive advantage life cycle is based on multiple products or services.

Correct Answer:

verifed

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