Advertisements
Advertisements
प्रश्न
Typically profit is negative in which stage of the product life cycle?
पर्याय
Growth
Maturity
Introduction
Decline
Advertisements
उत्तर
Introduction
Explanation:
In the introduction stage of the product life cycle, profit is often negative. This is because the company incurs high costs related to product development, marketing, and distribution. At the same time, sales are still low as the product is newly launched and not yet widely accepted in the market. It takes time for the product to gain market traction and for revenues to offset these initial costs.
APPEARS IN
संबंधित प्रश्न
Which stage of the product life cycle is marked by falling costs and rising revenues?
A high percentage of new products fail during this period of Product Life cycle:
What happens to a product in the decline stage of its life cycle?
Mention the various stages of 'Product Life Cycle'.
How is the product life cycle advantageous?
Explain the decline stage of the product life cycle.
Explain the abandonment stage of the product life cycle.
Explain the strategies to be adopted during the growth stage of the Product Life Cycle.
Explain the second and third stage of product life cycle.
What is the product life cycle?
