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प्रश्न
A high percentage of new products fail during this period of Product Life cycle:
विकल्प
Growth stage
Decline stage
Introduction stage
Maturity stage
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उत्तर
Introduction stage
Explanation:
The introduction stage is when a new product is launched into the market. During this period, the product is still gaining awareness, and sales are typically slow. High costs associated with product development, marketing, and distribution often result in low or negative profits. Many new products fail to gain sufficient market acceptance or fail to generate enough revenue to cover these initial costs, leading to a high failure rate during this stage.
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संबंधित प्रश्न
Justify the following sentence for or against and give a reason:
Product differentiation is the main aim of branding.
Which stage of the product life cycle is marked by falling costs and rising revenues?
The following are all major stages of a product life cycle except ______.
Typically profit is negative in which stage of the product life cycle?
Which stage of the Product Life Cycle is characterised by saturation in the market?
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
Mention the various stages of ‘Product Life Cycle’.
Explain the first two stages of product life cycle.
Explain the maturity stage of the product life cycle.
“Introduction Stage in a product life cycle is not very risky.” Justify either or against.
