The stage in the product life cycle of the Instant Pot would be "growth stage".
<h3>Stages in product life cycle:</h3>
There are four stages in the life cycle of a product in the market which are-
- Take-off stage or introduction,
- Growth stage or shake-out stage,
- Maturity stage and
- Decline.
The characteristics of Growth stage are-
- Increasing sales, customers and profit.
- Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
- The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
- Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
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Answer:
There are seven widely accepted marketing functions that contribute to the overall work of marketers. The seven functions include: Promotion. Selling. Product management. Pricing. Marketing information management. Financing. Distribution. Why are the seven marketing functions important? The seven marketing functions are important since each of them represents a category of activities that occurs in marketing.
Answer:
Hornberger plows back 22.72% of its earnings into the firm.
Explanation:
Plowback ratio fundamental analysis ratio that measures how much earnings are retained after dividends are paid out.
We can use the relationship g = ROE × b to find the plowback ratio (b).
The growth rate implied by the recent dividend and the expected dividend is estimated using the equation, D1 = D0 × (1 + g)
$2.05 = $2.00 × (1 + g)
$2.05 - 2.00 = 2.00g
0.05 / 2 = g
g = 2.5%
Then according to the equation (b)
2.50% = 11.00% × b
b = 2.50%/11.00%
b = 22.72%
The answer is letter b.
GDP is the total monetary value of all the finished goods and services produced in a country in a given period. It is usually calculated in an annual basis, but can be calculated quarterly-basis.
