Advertisements
Advertisements
Question
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
Advertisements
Solution
AGAINST: Introduction stage in product life cycle is most risky because product is new and unknown, most products fail during the introduction stage.
APPEARS IN
RELATED QUESTIONS
In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the product?
The strategy of selective distribution may be employed during ______ stage of product life cycle.
Which stage of the Product Life Cycle is characterised by saturation in the market?
A high percentage of new products fail during this period of Product Life cycle:
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
Which feature is pertaining to Introduction stage of PLC?
You are the Marketing Manager of a fast moving consumer goods (FMCG) company and you find that one of your products, a washing detergent, is in its grown stage. Describe the steps that you would take to increase your sales in this stage.
Mention the various stages of 'Product Life Cycle'.
How is the product life cycle advantageous?
Explain the second and third stage of product life cycle.
