Question $12(2$ points$)$

When planning for the different stages of the product life cycle, managers should remember that

sometimes competitors can help to build customer interest in a new$-$product idea.

the correct strategy depends on how quickly the new idea will be accepted by consumers.

a firm that can change its strategy quickly may have an advantage over lessflexible competitors.

not all new$-$product ideas catch on with consumers or intermediaries.

All of the answers are correct.