All categories

2 years ago

Knowing what of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions?

1 answer:

4 0

Knowing what stage of the product life cycle a product is in helps marketers make intelligent and efficient marketing decisions.

<h3>What is the product life cycle?</h3>

The stages that a product goes through as it enters, establishes itself and leaves the market are defined by the Product Life Cycle (PLC). The product life cycle, in other words, outlines the stages that a product is likely to go through. Managers can use it to examine their products and create plans as they move through different stages.

When a product is first introduced to the market, a company frequently faces higher marketing expenses; nevertheless, as product adoption rises, more sales are realized.

When a product's adoption matures, sales stabilize and peak, however they may decline due to competition and obsolescence. When making business decisions, from pricing and advertising to expansion or cost-cutting, the idea of product life cycle might be helpful.

To learn more about the product life cycle, visit:

brainly.com/question/9363762

#SPJ4

You might be interested in

Sydney has worked for WillCo for the last 20 years. She just had her 60th birthday and is thinking about retirement. WillCo spon

Wittaler [7]

Answer: c. Sydney can diversify 50% of her WillCo stock.

Explanation:

Employee stock ownership plan (ESOP) is simply referred to as an employee benefit where the employees of a particular company are given ownership interest as long as some certain criteria are met.

Once the workers become qualified participants, they can diversify certain percentage of their stocks. From the 1st-5th year, a qualified participant is allowed to diversify about 25% of his or her stock account and about 50% in the 6th year.

Based on the explanation, since Sydney has worked for WillCo for the last 20 years, Sydney can diversify 50% of her WillCo stock.

5 0

2 years ago

Z Corp. can make three individual deliveries to three different customers at a cost of $500 each or can consolidate them into on

8_murik_8 [283]

Answer:

C. No, it will increase cost by $100.

Explanation:

Z Corp. can make three individual deliveries to three different customers at a cost of $500 each

Given that:

Cost of shipment = $1300

Cost of each delivery = $500

Stop of charge = $100 per stop

Total cost if for individual delivery to three different customers = 3($500) = $1500

Since they are three different customers, the total stop charge = 3($100)

cost for consolidating them into one shipment= $1300 + 3($100) = $1300 + $300 = $1600

Therefore there is an increase in cost of $1600 - $1500 = $100

7 0

2 years ago

Read 2 more answers

Ginger's working on creating her first Google Search Ad. She wants to create an inviting and relevant ad, so potential customers

pav-90 [236]

has a larger font size

includes a current promotion

is listed after search results

includes at least two different colors

has a relevant headline

Answer:

has a relevant headline

includes a current promotion

Explanation:

A google search ad is a paid advertisement that is created to promote a product or service using the google ads platform and they appear in the search results on Google. To create a relevant ad that will earn user clicks, Ginger should focus on creating an ad that has a relevant headline that is related to the product or service so that it will attract the potential customers that are looking what she is offering. Also, the ad should include a current promotion that will increase potential customer's interest and call them to action.

The other options are not right because having a large font size, being listed after search results and including at least two different colors won't get customers interest and lead them to act by clicking on the ad.

7 0

3 years ago

A(n) __________, used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and ve

allsm [11]

A CBA , used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and verified prior to the development of the project plan.

A project plan is a collection of official documents outlining the project's execution and control phases. In addition to addressing scope, cost, and schedule baselines, the plan takes risk management, resource management, and communications into account.

A project plan is a document that outlines each step needed to complete a project from A to B. It is sometimes portrayed as a Gantt chart. It acts as a roadmap by outlining the project phases, important project tasks, their start and end dates, interdependencies, and project milestones.

Learn more about project plan here

brainly.com/question/15410378

#SPJ4

4 0

1 year ago

The social cost of cutting trees for firewood in a government forest is:

alukav5142 [94]

Answer:

d. the increased likelihood of flooding as more trees are cut plus the private cost of cutting the trees.

Explanation:

Social cost is defined as private cost incurred by individuals involved in a transaction along with external cost incurred by third parties that are not directly involved in the transaction. Basically it is the total cost to society for carrying out an activity or transaction.

In the given instance private individuals are incurring cost of cutting trees in a government forest, and the cost to the society at large is the increased likelihood of flood because the trees have been cut down.

5 0

3 years ago