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a) shows how a products sales or profits, depending on the units used, may rise and fall over its life.(b) tells you how long a product will sell for and make a profit.(c) is divided into three stages.(d) shows how profitable a product will be.
(b) tells you how long a product will take to sell for and make a profit.
It is the biography of a product till its ultimate use.
All products have a particular life span, which is called the product life cycle. The length of time a product is on the market is largely contingent upon its competition, technology and even the savvy of a company's marketing department.
Options A & B are relevant to Product Life Cycle.
I would say
a) shows how a products sales or profits, depending on the units used, may rise and fall over its life.
is the most accurate answer.
In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products.
I believe option B is closest to the correct answer.
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