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Which Statement About the Evaluation of the Product Life Cycle

Question 123

Multiple Choice

Which statement about the evaluation of the product life cycle is NOT correct?


A) A firm can manage the product life cycle through developing an appropriate marketing mix.
B) It may be difficult to forecast a product's life-cycle shape.
C) Different firms may have similar products in different stages of the product life cycle.
D) It is virtually impossible to reverse a decline in sales once a product has reached maturity.

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