Question
Which of the following has made the LEAST progress along its product life cycle? A. video physical rentals B. Bocing 787 C. autonomous vehicles D. virtual reality E. Xbox One B E C D A
Answer
4.2
(294 Votes)
Katie
Veteran · Tutor for 12 years
Answer
C (Autonomous vehicles)
Explanation
## Step1:Analyze the nature of these five options: Video physical rentals, Boeing 787, Autonomous vehicles, Virtual reality, Xbox One in terms of their product life cycle. ## Step2:Understand the stages of product life cycle: Introduction, Growth, Maturity and Decline.## Step3:Relate each of these five products with a specific stage of the life cycle as:- Video physical rentals: Due to the rapid development and popularity of digital platforms for movie and television rentals, the traditional video rental industry has declined rapidly which puts it into the 'decline' stage.- Boeing 787: This airplane has been in production since 2007 and it’s in operation around the world, which locates it in the 'maturity' stage.- Autonomous vehicles: Although rapid advancement is taking place, autonomous vehicles are mostly either in the development stage or in very early stages of consumer adoption, qualifying as in the 'introduction' stage.- Virtual Reality: Virtual Reality has begun to grow and be adopted by the consumer market but has not found widespread application yet, placing it in the 'growth' stage.- Xbox One: Having been in the market for quite some time and having seen several updates and versions, this gaming system lies in the 'maturity' stage.### Putting all these in order, from earlier to later stages of product life cycle: ### 'Introduction' -> 'Growth' ->'Maturity' ->'Decline'## Step4:Given the stages that these products inhabit in the product life cycle, the product that has made the 'least' progress is the 'autonomous vehicles', as they are in the 'introduction' stage which is the initial stage in a product life-cycle.