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प्रश्न
Which stage of Product Life Cycle has a greater emphasis on customer service?
विकल्प
Introduction stage
Maturity stage
Growth stage
Decline stage
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उत्तर
Growth stage
Explanation:
During the growth stage, a product gains quick market acceptability and an influx of new users. To differentiate itself from a new wave of competitors entering the market, the company shifts its focus to long-term brand preference and loyalty, which is accomplished by emphasizing superior customer service and support networks.
संबंधित प्रश्न
The following are all major stages of a product life cycle except ______.
In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the product?
In declining stage of PLC, which tool would be more preferred?
Choose the correct sequence of the Product Life Cycle.
AB Visions Ltd. want to introduce a new variety of reading glasses where the vision can be adjusted according to the user’s requirement. Explain the first two stages in the life cycle of this product.
Mention the various stages of ‘Product Life Cycle’.
How is the product life cycle advantageous?
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the strategies to be adopted during the growth stage of the Product Life Cycle.
What is the product life cycle?
