Question: 1) An extended fad product life-cycle pattern is characterized by a. a sharp decline in sales after a products introduction. b. high seasonal sales or
1) An extended fad product life-cycle pattern is characterized by
a. a sharp decline in sales after a products introduction.
b. high seasonal sales or a high fashion component.
c. residual sales that continue at a lower level than earlier sales.
d. a product that maintains sales over a long time period.
2) With a self-fulfilling prophecy, a firm incorrectly
a. seeks out the largest, but most competitive, market segment.
b. assesses its ability to reverse a downward sales pattern.
c. removes marketing support from a product that requires additional support to grow.
d. seeks out an incorrect international market.
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