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xz_007 [3.2K]
1 year ago
8

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

Business
1 answer:
fenix001 [56]1 year 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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A. how much would the firm’s revenue change if it lowered price from $12 to $10? is demand elastic or inelastic in this range?
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8 0
2 years ago
On June 30, 20X8, Lomond, Inc. issued twenty $10,000, 7% bonds at par. Each bond was convertible into 200 shares of common stock
salantis [7]

Answer:

c.$ 2.92 per share

Explanation:

The earnings per share is calculated by dividing the net income by the weighted average number of shares outstanding. The bond holders converted their bonds into shares on July 01, 20x9 so their shares were only outstanding for 6 months.

The weighted average number of shares is determined as follows:

January - June                                                                10,000 shares

July December 10,000 + (20 *200= 4,000 shares)      14,000 shares

The weighted average no of shares outstanding is    12,000 shares

The net income                                                           $  35,000

Earnings per share                                                      $ 2.92 per share      

7 0
3 years ago
A key part of planning is organizational design and strategic human resources. True or False?
Verizon [17]
I'd say True because when planning you have to be organized about it

6 0
3 years ago
Read 2 more answers
Help!!!!
Blababa [14]

Answer:

The U.S. economy has been in the expansion phase of the business cycle since the last trough in the fourth quarter of 2008. That's more than 10 years. The expansion phase is the economy growing a healthy 2 to 3%. Stocks enter a bull market. Economist John Kenneth Galbraith once said there are two types of economic forecasters: "Those who don't know and those who don't know they don't know." It's difficult enough to get an accurate read on where we are at in the business cycle. Figuring out where we are going months or years from now can seem next to impossible. Here are some common indicators to make the process seem less like guesswork.

The S&P 500: This is a collection of 500 of the largest publicly traded stocks in the United States. The Dow Jones Industrial Average, by comparison, comprises only 30 stocks. As a result, the S&P 500 is a more thorough gauge of where the U.S. economy stands at any given time.

Unemployment claims: The number of workers claiming unemployment benefits topped 10% in 2009, but it has dropped to less than 4% as of 2018. In general, rising unemployment rates are often seen as an indicator of trouble for the economy, and falling unemployment rates can be viewed as the opposite. As with all potential indicators, though, look beyond the surface. For example, the unemployment rate measures only those people who either are working or are seeking work. Those who are not working by choice are not counted. According to the U.S. Bureau of Labor Statistics, the number of 16- to 24-year-olds not working because they are going to school has risen since 2009 while the unemployment rate has dropped.

Consumer confidence: The consumer confidence index measures how willing people are to make purchases in any upcoming 12-month period. A rating higher than 100 means people plan to spend money, while a rating lower than 100 indicates that people are more likely to add to their savings and hold off on major purchases. The less willing people are to spend their money, the worse that can be for the economy.

Housing: An increase in new construction or rising values for existing homes can be positive indicators for the economy and the business cycle. On the flip side, if new construction slows or existing home prices plateau, that can be a sign of trouble.

8 0
3 years ago
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