Why do profits increase during the growth stage of the product life cycle?
a. Distribution intensity is increasing.
b. Competitors have arrived and revenues are under pressure.
c. Competition has not yet taken away company sales.
d. Prices charged increase during the growth stage.
Ans: c. Competition has not yet taken away company sales.
Business
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Indicate whether the statement is true or false
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An executive summary often comes immediately after:
a. the title page b. the conclusions and recommendations c. the appendices d. none of the above
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