11 May 62. Sherri’s Exclusives sells currently accepte
c
b. Fashions.
c. Fads.
d. Formal wear.
e. Trends.
62. Sherri’s Exclusives sells currently accepted and popular clothing items in given fields. What
does she stock in her store?
a. Styles.
b. Fashions.
c. Fads.
d. Exclusives.
e. Services.
63. The PLC concept can be applied by marketers as a useful framework for describing how
_____.
a. to forecast product performance
b. to develop marketing strategies
c. products and markets work
d. the PLC curve will shape up
e. trends fade away
64. Using the PLC concept to develop marketing strategy can be difficult because strategy is
both a _____ and a(n) _____ of the product’s life cycle.
a. mirror image; cause
235
b. cause; result
c. result; mirror image
d. beginning; end
e. purpose; effect
65. During the introduction stage in the PLC a firm will incur high costs in all of the following
areas except which one?.
a. Distribution.
b. Promotion.
c. Product development.
d. Reminder advertising.
e. Informative advertising.
66. Why do profits increase during the growth stage of the PLC?
a. Promotion costs are spread over a large volume.
b. Unit manufacturing costs fall.
c. Competition has not yet taken sales away.
d. All of the above.
e. None of the above.
67. Which stage in the PLC normally lasts longer and poses strong challenges to the marketing
managers?
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