In the market growth stage of the product life cycle,
A. many competitors drop out of the market.
B. distribution moves from intensive to selective.
C. total industry sales increase very slowly.
D. industry profits reach their peak and then decline.
E. competing products appear the same to consumers.
Answer: D
You might also like to view...
What is the proper adjusting entry at April 30, the end of the fiscal year, based on a prepaid insurance account balance before adjustment, $16,000, and unexpired amounts per analysis of policies, $6,000?
A) debit Insurance Expense, $6,000; credit Prepaid Insurance, $6,000 B) debit Insurance Expense, $16,000; credit Prepaid Insurance, $16,000 C) debit Prepaid Insurance, $10,000; credit Insurance Expense, $10,000 D) debit Insurance Expense, $10,000; credit Prepaid Insurance, $10,000
____________________ activities involve long-term liabilities and stockholders' equity
Fill in the blank(s) with correct word
Nathan knows that many of his fellow sales people try to sell clients products the clients do not need or want. Nathan believes this is wrong. He prides himself on learning what each client needs and wants so that he can sell them the products that are the best for them. It appears Nathan is at the _________ of moral development.
A. preconventional level B. conventional level C. postconventional level D. neoconventional level
The means of identifying an opportunity, understanding resource requirements, acquiring resources, planning, implementing, and harvesting is called:
a. a process b. a method c. a system d. an approach