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xz_007 [3.2K]
2 years ago
8

As a product moves into the market maturity stage of its life cycle, the marketing manager should:____.

Business
1 answer:
fenix001 [56]2 years ago
5 0

As a product moves into the market maturity stage of its life cycle, the marketing manager should expect the market to move toward pure competition.

Maturity is the time when sales start to plateau from the boom. At this point, companies start cutting prices to remain competitive in the face of increased competition.

Maturation occurs after introduction and growth. Maturity is the longest stage in the product life cycle. At this stage, sales growth starts to decline. The company reaches a high point in the demand cycle. and promotional strategies have minimal impact on revenue growth. December 20, 2021

Learn more about market maturity stage here: brainly.com/question/25754149

#SPJ4

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Sandel Company makes 2 products, footballs and baseballs. Additional information follows: Footballs Baseballs Units 4,000 2,500
aleksandr82 [10.1K]

Answer:

Contribution margin per unit Footballs $6 per unit, Baseballs $7.2 per unit.

Baseball.

Explanation:

FootBalls:

Sale Price per unit = Sales / Units

Sale Price per unit = $60,000 / 4,000 units

Sale Price per unit = $15 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $36,000 / 4,000

Variable Cost per unit = $9 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $15 per unit - $9 per unit

Contribution Margin per unit = $6 per unit

Baseballs:

Sale Price per unit = Sales / Units

Sale Price per unit = $25,000 / 2,500 units

Sale Price per unit = $10 per unit

Variable Cost per unit = Variable Cost / Units

Variable Cost per unit = $7,000 / 2,500

Variable Cost per unit = $2.8 per unit

Contribution Margin per unit = Sale Price per unit - Variable Cost per unit

Contribution Margin per unit = $10 per unit - $2.8 per unit

Contribution Margin per unit = $7.2 per unit

Contribution Margin per Unit tells Sandel that which product contribute higher in consuming fixed cost after contributing the variable cost from sales, in order to earn greater profit. Hence, Sandal should tell his people to emphasize on Baseball, as have, higher Contribution Margin per unit.

4 0
3 years ago
The reasons for using the variable-cost approach include all of the following except this approach provides the most defensible
Ber [7]

Answer:

The reasons for using the variable-cost approach include all of the following except

this approach provides the most defensible bases for justifying prices to all interested parties.

Explanation:

This is not part of the reasons for using the variable-cost approach.  But options b, c, and d are certainly the reasons why the variable-cost approach is used.  The variable-cost approach provides a differential analysis for decision-making.  It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period.  Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.

3 0
3 years ago
Use comparison operators to write a question that the database will understand. Which records contain "no"?
Stolb23 [73]
The answer is = no!
8 0
4 years ago
Data were collected for a sample of 12 pharmacists to determine if years of experience and salary are related. A regression was
frutty [35]

Answer:

b. Reject the null hypothesis and we conclude that years of experience is significant in explaining pharmacists' salary

Explanation:

We are given p-value less than 0.001, which means p-value less than given level of significance or alpha value 0.05, so we reject the null hypothesis and conclude that years of experience is significant in explaining pharmacists’ salary.

4 0
3 years ago
You have been asked to analyze the Value Net of the craft brewing and distilling industries in your state, and you have observed
RUDIKE [14]

Answer:

The answer is: Complementary goods and services

Explanation:

Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.

Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.

In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.

5 0
3 years ago
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