Product life cycle: It includes four phases that a product progresses through during its life cycle. The phases includes: Introduction The product awareness is built and market of product is developed. Marketing mix is been used to help impact target market. Quality level as well as product branding is established. Growth The brand preference is built and market share is increased. The quality of product is increased and additional features are added. The increase in demand allows price to remain constant. Maturity The growth in sales diminishes. Similar products would show competition. The primary aim is to defend market share with maximizing profits. Some companies would enhance features of product for differentiating market product. Decline Sales begin to decline at this stage. It can maintain product by addition of new features and finding new uses. It can reduce cost and continue offering it. It can disconnect product and sell it to another inventory who willing to continue with product.

Question

Want to see the full answer?

Answer 1

Question

Chapter B, Problem B1.5MBD

Program Plan Intro

Product life cycle:

It includes four phases that a product progresses through during its life cycle.

The phases includes:

Introduction

The product awareness is built and market of product is developed.

Marketing mix is been used to help impact target market.

Quality level as well as product branding is established.

Growth

The brand preference is built and market share is increased.

The quality of product is increased and additional features are added.

The increase in demand allows price to remain constant.

Maturity

The growth in sales diminishes.

Similar products would show competition.

The primary aim is to defend market share with maximizing profits.

Some companies would enhance features of product for differentiating market product.

Decline

Sales begin to decline at this stage.

It can maintain product by addition of new features and finding new uses.

It can reduce cost and continue offering it.

It can disconnect product and sell it to another inventory who willing to continue with product.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

1.[30 pts] Answer the following questions: a. [10 pts] Write a Boolean equation in sum-of-products canonical form for the truth table shown below: A B C Y 0 0 0 1 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 1 0 1 1 0 1 1 1 1 0 a. [10 pts] Minimize the Boolean equation you obtained in (a). b. [10 pts] Implement, using Logisim, the simplified logic circuit. Include an image of the circuit

In the past, encryption and decryption were mostly done by substitution and permutation of letters in a text message. study those classic cryptographic schemes Then, develop an automatic cipher using Javascript The cipher should be able to perform the following tasks: generate keys encrypt a given plaintext message with a key selected from the list of keys generated decrypt a given ciphertext message with a known cipher key

List reasons why teachers should and shouldn’t be replaced by computers? State your response in a descriptive context. Provide five references from the with internet with your answers.