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"Introduction Stage in a product life cycle is not very risky." Justify either or against. - Commercial Applications

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प्रश्न

"Introduction Stage in a product life cycle is not very risky." Justify either or against.

टीपा लिहा
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उत्तर

AGAINST: Introduction stage in product life cycle is most risky because product is new and unknown, most products fail during the introduction stage.

shaalaa.com
Product Life Cycle (PLC)
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Marketing mix - 4 P's - QUESTION BANK [पृष्ठ ४२]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 2 Marketing mix - 4 P's
QUESTION BANK | Q 25. | पृष्ठ ४२
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 2 Marketing mix - 4 P's
EXERCISES | Q 13. | पृष्ठ ३६
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
पाठ 2 Marketing mix - 4 P's
EXERCISES | Q 20. | पृष्ठ ३६

संबंधित प्रश्‍न

Justify the following sentence for or against and give a reason:

Product differentiation is the main aim of branding.


The following are all major stages of a product life cycle except ______.


In declining stage of PLC, which tool would be more preferred?


Typically profit is negative in which stage of the 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.
  1. Explain the stage of the Company's Product Life Cycle mentioned in the paragraph with the help of a diagram.
  2. Name the service to be offered by the Company in the next phase. Explain any two characteristics of Services.
  3. Suggest any two modern ways of marketing the concept of a product. Explain.

Explain the first two stages of product life cycle.


Explain the strategies to be adopted during the introduction stage of Product Life Cycle.


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