Advertisements
Advertisements
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
Advertisements
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.
APPEARS IN
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:
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.
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 first two stages of product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
What is the product life cycle?
