Sales and profits usually move together over time during the product life cycle.

Answer the following statement true (T) or false (F)


False

Sales and profits do not move together over time. Industry profits can decline while industry sales are still rising.

Business

You might also like to view...

A business that produces a product to sell to retailers is called a merchandising business

Indicate whether the statement is true or false

Business

Demands are wants for specific products backed by an ability to pay

Indicate whether the statement is true or false

Business

________ are wholesalers who serve grocery and drug retailers, mostly in nonfood items. They price the goods, keep them fresh, set up point-of-purchase displays, and keep inventory records

A) Purchasing agents B) Rack jobbers C) Drop shippers D) Cash-and-carry wholesalers E) Manufacturers' agents

Business

During the decline phase of the product life cycle, ________.

A. channel members cease to support the product B. promotion emphasizes brand advertising and comparative ads C. promotion is focused on product awareness D. companies boost customer service efforts to keep up with product E. the product reaches its maximum distribution

Business