A manufacturer with a product in the decline stage of the product life cycle would most likely decide to ________ if there is reason to believe that there will be a residual demand for the product

A) maintain the product without change
B) let existing stocks of the product run out
C) drop the product immediately
D) search for replacements
E) increase sales promotion efforts


A

Business

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What is the goal for utilitarianism?

A. maximize profits B. maximize the good effects or outcomes of decisions C. pursue what is best for one’s self D. define personal goals and virtues

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A generational cohort is a group of people

A. with the same beliefs and values. B. who are of the same generation. C. who are not open to new things. D. who grew up and went to school together. E. who purchase only one brand of a product throughout their lifetime.

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When a new product enters the product category the perceptual map changes.

a. True b. False

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