The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. During the introduction phase
a. cash inflow exceeds cash outflow for operations.
b. cash inflow exceeds cash outflow for investing activities.
c. cash outflow exceeds cash inflow for financing activities.
d. cash inflow exceeds cash outflow for financing activities.
e. cash outflow exceeds cash inflow for investing activities.
D
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