- 6 Marks
BMIS-Nov-2024-L1-Q5a- Product Life Cycle Stages
Match products to their corresponding stages in the product life cycle: introduction, growth, maturity, and decline.
Question
A typical product life cycle has four main phases: introduction, growth, maturity, and decline.
Required:
Twelve products are listed below. Match these products to the stage they have probably reached in their life cycle, by filling in the following table.
- Online music downloads
- SMS messaging
- (Hand-written) postcards
- Personal identity cards using ‘iris-based’ technology
- Folding screen mobile phones
- Credit cards
- Personal computers
- Fifth generation (5G) mobile telephones
- Cheque books
- Typewriters
- Smart cards (in banking)
- E-conferencing
Find Related Questions by Tags, levels, etc.
- Tags: Decline, Growth, Market Phases, Maturity, Product Life Cycle
- Level: Level 1
- Topic: Product Life Cycle
- Series: Nov 2024
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