Advertisements
Advertisements
प्रश्न
Explain the abandonment stage of the product life cycle.
Advertisements
उत्तर
- Most firms shift their attention to other products, gradually phasing out the declining product. They abandon the product in order to make better use of their resources.
- Preferences of consumers may change and new innovations enter the market to take the place of the abandoned products.
- Some firms try to postpone abandonment by introducing new models with unique features. In case of heavy losses and no future, the firm may sell out and merge with a stronger enterprise.
APPEARS IN
संबंधित प्रश्न
Typically profit is negative in which stage of the product life cycle?
The strategy of selective distribution may be employed during ______ stage of product life cycle.
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.
"Pricing is fundamental to all marketing efforts." Give two reasons either for or against.
| Soon you could get a colour mobile handset which offer an MP3 player, FM radio and a removable flash memory card for about ₹ 800. A Netherlands-based semi-conductor firm has launched a new single chip solution that promises to make this happen. The company is targeting the rural market in India. During the next phase of rapid expansion of mobile communication in the rural and semi-urban areas of India, the firm would like to fulfill the aspirations of first-time handset users by offering the next experience in Multimedia. |
- Explain the stage of the Company's Product Life Cycle mentioned in the paragraph with the help of a diagram.
- Name the service to be offered by the Company in the next phase. Explain any two characteristics of Services.
- Suggest any two modern ways of marketing the concept of a product. Explain.
Explain the first two stages of product life cycle.
Explain the maturity stage of the product life cycle.
Explain the second and third stage of product life cycle.
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
