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प्रश्न
In declining stage of PLC, which tool would be more preferred?
पर्याय
Sales promotion
Personal selling
Advertising
Publicity
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उत्तर
Sales promotion
Explanation:
During the declining stage of the Product Life Cycle, sales promotion is often the preferred tool because it can quickly stimulate demand and clear out remaining inventory. Tactics like discounts, coupons, and special offers are used to attract customers and encourage them to make a purchase, helping the company maximize remaining profits before discontinuing the product.
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संबंधित प्रश्न
Which stage of Product Life Cycle has a greater emphasis on customer service?
Which stage of the product life cycle is marked by falling costs and rising revenues?
In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the product?
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 strategies to be adopted during the introduction stage of 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.
