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Question
Which of the following statements is true about information technology (IT) and the product life cycle?
A. In the product's embryonic stage, many consumers are entering the market and buying the product for the first time and demand increases rapidly.
B. In the growth stage, a product has yet to gain widespread acceptance; customers are unsure what a product has to offer, and demand for it is minimal.
C. The growth stage ends and the maturity stage begins when market demand peaks because most customers have already bought the product.
D. Once demand for a product starts to fall, the maturity stage begins; this typically occurs when advancing IT leads to the development of a more advanced product, making the old one obsolete.
E. Products such as desktops and laptops and services such as Internet broadband and digital TV services are currently in the embryonic stage.
Answer
This answer is hidden. It contains 169 characters.
Related questions
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Define restructuring. Discuss the positive and negative effects of restructuring.
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Briefly discuss the four principal managerial tasks.
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B. competitive advantage
C. diversification
D. stratification
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C. restructuring.
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E. empowerment.
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The ability to analyze and diagnose a situation and to distinguish between cause and effect is a:
A. human skill.
B. negotiation skill.
C. technical skill.
D. conceptual skill.
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A. Supervising nonmanagerial employees
B. Training, motivating, and rewarding salespeople
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Which of the following is true of first-line managers?
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B. They work in all departments or functions of an organization.
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In _____, managers evaluate how well the organization is accomplishing its goals.
A. leading
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Which of the following does planning involve in an organization?
A. Establishing task relationships that allow people to work together
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C. Motivating individuals to achieve organizational goals
D. Establishing accurate measuring and monitoring systems
E. Measuring how well the organization has achieved its goals
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A. negative affectivity
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The Manager as a Person _____ is the tendency to be highly critical of oneself and of others.
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C. the justice, impartiality, and fairness to which all organizational members are entitled.
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A. Rites of passage
B. Rites of integration
C. Rites of inclusion
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B. high need for control and low need for affiliation
C. high need for power and low need for achievement
D. high need for affiliation and high need for achievement
E. low need for power and low need for achievement
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A. the need for power
B. the need for control
C. the need for independence
D. the need for achievement
E. the need for affiliation
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The Manager as a Person According to McClelland, the extent to which people have strong desires to perform challenging tasks and to meet personal standards of excellence is known as _____.
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B. believe that their actions always make a difference
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D. tend to solve problems easily
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The amount of time that managers spend planning and organizing resources decreases as they ascend the hierarchy within the organization.
A. True
B. False