Multiple Choice
The product life cycle model is a theoretical construct that helps franchisors understand the industry cycle and the cycle of specific products or services with a franchise system's product line."When sales continue to grow but are increasing at a decreasing rate" is associated with which stage of the product life cycle?
A) introduction
B) growth
C) retention & evaluation
D) decline
Correct Answer:
Verified
Correct Answer:
Verified
Q1: usually provides the starting-point of data collection
Q2: Which one of the following is Not
Q3: Wherein the goal of the market-focused business
Q4: According to the U.S.Census,( )are the fastest
Q5: Externally dedicated to the market,yet internally focused
Q7: Identifying one or more target markets and
Q8: The category most franchise systems are in
Q9: Why would a franchise system monitor its
Q10: What exactly is to be done in
Q11: There are four generic categories to classify