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प्रश्न
How is the product life cycle advantageous?
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उत्तर
- When the product life cycle is known the firm can prepare an effective product plan.
- Management can take advance steps before the decline of the product.
- The maturity stage can be extended by finding new uses of the product.
- Technological innovations can be adopted to improve the quality, features and design of the product.
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संबंधित प्रश्न
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 ______.
A high percentage of new products fail during this period of Product Life cycle:
Choose the correct sequence of the Product Life Cycle.
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
Which feature is pertaining to Introduction stage of PLC?
"Pricing is fundamental to all marketing efforts." Give two reasons either for or against.
Explain the first two stages of product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the second and third stage of product life cycle.
