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    Exam 16: Developing and Promoting Goods and Services
  5. Question
    Large Promotion Expenditures Are Needed in the Growth Stage of the Product
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Large Promotion Expenditures Are Needed in the Growth Stage of the Product

Question 164

Question 164

True/False

Large promotion expenditures are needed in the growth stage of the product life cycle in order to build brand preference for a new product.

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