The product life cycle model is a theoretical construct that ...

[eruditmonkey@yahoo.com]

The product life cycle model is a theoretical construct that helps franchisors understand the industry cycle and the cycle of specific products or services with a franchise system's product line. When sales continue to grow but are increasing at a decreasing rate is associated with which stage of the product life cycle?
 a. introduction
  b. growth
  c. retention & evaluation
  d. decline

Question 2

Throughout history there has always been a strong connection between services and technology.
 
 Indicate whether the statement is true or false

[mjbamaung]

Answer to Question 1

B. Growth identifies this stage of the product life cycle. See Figure 5-9 and discussion of each life cycle stage.

Answer to Question 2

F

[eruditmonkey@yahoo.com]

Thank you

[mjbamaung]

Happy to help you