The competitors in the introductory stage of product life cycle are?

Related Mcqs:

1. The customers of products or services in product life cycles introductory stage are classified as?

   A. innovators
   B. early adopters
   C. middle majority
   D. laggards

2. The number of competitors in the decline stage of product life cycle are?

   A. few
   B. continuously growing
   C. stable but begins declining
   D. declining in number

3. The competitors in the growth stage of product life cycle are?

   A. few
   B. growing number
   C. stable but begins declining
   D. declining number

4. The stages such as awareness stage, conviction stage, liking stage, preference stage and actual purchase stage are all stages of the process called?

   A. channeling stages
   B. buyer readiness stage
   C. channel designing stages
   D. strategic stages

5. The profits related to the new product in its introductory stage are?

   A. negative
   B. continuously rising
   C. higher
   D. declining

6. The stage of product life cycle in which the product has achieved acceptance from its potential buyers is called?

   A. maturity stage
   B. productive stage
   C. improved market stage
   D. profit achieved stage

7. In the ‘introduction stage’ of product life cycle, the cost per customer is?

   A. high
   B. low
   C. average
   D. moderate

8. In the product life cycle maturity stage, the marketing objective is to?

   A. create product awareness
   B. maximize the market share
   C. defend market share and profits
   D. reduce expenditure

9. In the ‘decline stage of product life cycle’ the per customer cost is?

   A. high
   B. low
   C. average
   D. moderate

10. The sales of market offering in growth stage of product life cycle are recorded as?

    A. low sales
    B. rapidly rising sales
    C. peak sales
    D. declining sales