Multiple Choice
Technology is changing consumer behavior in a variety of ways such as the adoption of streaming services such as Netflix.Netflix faces increasing competition from Amazon and Hulu Plus as well as satellite and cable companies who offer video on demand.Netflix has experienced rapid adoption by consumers but the entrance of competition is creating challenges for Netflix to remain dominant.What stage of the product life cycle best describes Netflix?
A) growth
B) introduction
C) maturity
D) decline
Correct Answer:
Verified
Correct Answer:
Verified
Q49: You are a rising star in the
Q59: Restaurant chains often use the same room
Q111: A college education is an example of
Q185: For a past few months H&S Products
Q186: Most fads experience short-lived popularity and then
Q187: SUVs produced by different automobile companies constitute
Q188: Using the consumer products classification system,which of
Q193: In the context of the business products
Q194: When Sara developed a headache due to
Q195: Products marketed to consumers who may not