Multiple Choice
Which of the following statements is true regarding the length of product life cycles?
A) Product life cycles last 5 years for each product idea.
B) Product life cycles average 90 days.
C) Movies have very long product life cycles.
D) Product life cycles vary in length but are generally getting shorter.
E) Product life cycles will be identical in length across every geographic region since the cycle applies to one product idea or category.
Correct Answer:
Verified
Correct Answer:
Verified
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