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प्रश्न
Which feature is pertaining to Introduction stage of PLC?
पर्याय
Competition is very severe
Prodict is known all over the market.
It is a risky stage.
New versions of the product must be made available
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उत्तर
It is a risky stage
Explanation:
The introduction stage of the Product Life Cycle is characterized by high risk. During this stage, the product is newly launched, and significant investments are made in marketing, distribution, and production. Sales are typically low as the market is just becoming aware of the product. The company faces uncertainty regarding market acceptance, making it a risky phase.
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संबंधित प्रश्न
Which stage of the Product Life Cycle is characterised by saturation in the market?
What happens to a product in the decline stage of its life cycle?
| 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 maturity stage of the product life cycle.
Explain the decline stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of 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?
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
