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Subjects · Leaving Cert Business

Leaving Cert Business: Product life cycle

How often Product life cycle comes up on the Business papers, every year it was asked, and questions to try.

HL Asked on 4 of the last 10 Higher Level papers, most recently in 2026.

OL Asked on 8 of the last 10 Ordinary Level papers, most recently in 2026. most years

June 2027 is the first exam on the new Business course. These come from the 2016–2026 papers, so read them as a guide.

Product life cycle, Higher Level(6 marks)

Quick ones on Product life cycle.

(a)In which stage of the product life cycle do sales rise rapidly?
  1. Introduction
  2. Growth
  3. Decline
(b)In which stage of the product life cycle do sales fall steadily?
  1. Maturity
  2. Growth
  3. Decline
(c)The stage before launch, when the product is being designed, is…
  1. Development
  2. Maturity
  3. Growth
Show the answers

(a) Growth

(b) Decline

(c) Development

Your turn: Higher Level questions on Product life cycle.

Higher Level

Asked on 4 of the last 10 Higher Level papers, most recently in 2026.

Every paper, year by year

YearWhere it came up
2026Section 3 Q7
2025Not asked
2024Not asked
2023Not asked
2022Section 1 Q3
2021Not asked
2019Not asked
2018Section 3 Q7
2017Not asked
2016Section 1 Q8

Links open the State Examinations Commission’s paper for that year.

Ordinary Level

Asked on 8 of the last 10 Ordinary Level papers, most recently in 2026. most years

Every paper, year by year

YearWhere it came up
2026Section 1 Q13
2025Section 2 Q8
2024Section 1 Q6
2023Not asked
2022Section 2 Q9
2021Not asked
2019Section 1 Q12
2018Section 2 Q7
2017Section 2 Q7
2016Section 1 Q14

Links open the State Examinations Commission’s paper for that year.

More Product life cycle questions

Product life cycle, 2 marks

Sales are falling and the product may soon be withdrawn. This is the…

  1. Growth stage
  2. Introduction stage
  3. Decline stage
Show the answer

Decline stage

Tastes change or better products arrive. The firm can relaunch the product, cut the price or take it off the market.

Product life cycle, 2 marks

The stages of the product life cycle are introduction, growth, maturity, saturation and…

  1. Discount
  2. Decline
  3. Delivery
Show the answer

Decline

Sales rise, level off and finally fall. Knowing the stage helps a firm decide when to advertise, cut price or withdraw.

Product life cycle, 2 marks

At which stage are sales rising quickly and profits starting to come in?

  1. Growth
  2. Introduction
  3. Decline
Show the answer

Growth

At introduction sales are low and costs are high. In growth, sales climb fast and the product starts to pay its way.

Other Business topics

All of Leaving Cert Business