Question: 9 The product life cycle model ________________________________________. helps companies develop new products explains the time it takes for a population to fully accept a new

9 The product life cycle model ________________________________________.

helps companies develop new products

explains the time it takes for a population to fully accept a new product

describes reasons for why consumers buy or don't buy a particular product

helps managers understand how marketing strategies need to be adapted as market conditions change

helps managers predict how much time it will take to bring a product to market

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