Question

Assertion (A): The concept of the product life cycle suggests that all products follow a predictable pattern of stages from introduction to decline.

Reasoning (R): The length of each stage in the product life cycle is not fixed and vary based on industry or product type.

पर्याय

• A is true but R is false.

• A is false but R is true.

• Both A and R are true and R explains A.

• Both A and R are true but R does not explain A.

Answer 1

Both A and R are true but R does not explain A.

Explanation:

The assertion is true because the typical Product Life Cycle model defines a predictable conceptual pattern of consecutive stages that most goods must pass through. The reasoning is also true because the actual duration of each phase varies greatly depending on technological shifts, consumer trends, and industry dynamics; however, this variation in timeline does not explain why products go through a generalized sequence of stages from birth to decline.