Multiple Choice
Electronics Pro is a company that manufactures CD drives for laptop computers which are sold to major computer producers. Electronics Pro realizes that CD drives are most likely in the decline stage of the product life cycle. Which of the following steps can the company take with regard to its CD drive product?
A) Reintroduce the product
B) Increase product promotion
C) Attempt to postpone the decline
D) Reinvest in the brand
E) Phase out the product
Correct Answer:
Verified
Correct Answer:
Verified
Q34: A specialty product<br>A) requires minimal effort to
Q52: During the growth stage of the product
Q75: Tojitos Mexican Restaurant purchased several large ovens
Q119: Brand recognition exists when a customer is
Q187: The first adopters of a product are
Q203: Brand name awareness is an important element
Q221: Nutritional information on labels is optional as
Q224: A popular branding strategy involves , an
Q228: Supporting services, such as installation and guarantees,
Q339: The stage of the product life cycle