Question: As Ring, maker of do - it - yourself home security systems ( alarms , cameras, etc. ) , was planning to launch their most

As Ring, maker of do-it-yourself home security systems (alarms, cameras, etc.), was planning to launch their most recent product, they attempted to anticipate the product life cycle for this type of new product and they have been trying to manage the product life cycle as effectively as possible. Given that, which of the following statements related to the Product Lifecycle concept is most accurate?
The revenue and profit lines cross over each other during the "maturity" phase
In the "introductory" stage, profits could start off higher than revenues as the company reaps the benefit of the all the excitement and fype around their new product.
The final stage of the life cycle is referred to as the "death" stage
In managing the life cycle, it is reasonable that marketers would want to shorten the "introductory" stage and lengthen the "growth" stage, so that they can overcome fixed costs and get to profitability faster.
By the time we reach the "maturity" phase, there is very little reason to continue to stay in the market
As Ring, maker of do - it - yourself home

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