Certified Production & Operations Manager (POM) Practice Exam

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Which type of product has made the LEAST progress along its product life cycle?

  1. Electric vehicles

  2. Smartphones

  3. Autonomous vehicles

  4. Wearable technology

The correct answer is: Autonomous vehicles

Autonomous vehicles have made the least progress along their product life cycle when compared to electric vehicles, smartphones, and wearable technology. The product life cycle encompasses several stages: introduction, growth, maturity, and decline. Autonomous vehicles are still in the early stages of development and market acceptance, facing significant challenges regarding technology, regulation, safety, and public perception. In contrast, electric vehicles have gained traction with increasing consumer acceptance and infrastructure development, smartphones have achieved widespread penetration and maturity in the market, and wearable technology has matured significantly in terms of features and user adoption. This current status indicates that while there has been progress in the development and interest surrounding autonomous vehicles, they are not nearly as advanced in terms of mainstream market integration as the other products listed.