Multiple Choice
In seeking to overcome the constraints imposed by the product life cycle, firms can:
A) Introduce a new product once the existing one starts to decline
B) Extend the life of the existing product by making minor modifications or finding new uses for it
C) Find newly efficient ways of producing the existing product
D) All of the above
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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