The Product Life-Cycle Concept from Microeconomics and Marketing Provides Useful

Multiple Choice

The product life-cycle concept from microeconomics and marketing provides useful insights into the relations among cash flows from operating, investing, and financing activities.Biotechnology firms are in their _____ phase, consumer foods companies are in their _____ phase, and U.S.auto manufacturers are in the _____ phase.

A) introduction; late maturity or the decline; growth
B) growth; mature; late maturity or the decline
C) mature; late maturity or the decline; growth
D) late maturity or the decline; growth; introduction
E) introduction; late maturity or the decline; mature