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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
The following are all major stages of a product life cycle except ______.
The strategy of selective distribution may be employed during ______ stage of product life cycle.
A high percentage of new products fail during this period of 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?
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.
Mention the various stages of 'Product Life Cycle'.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
