As the Product Life Cycle curve approaches the decline state, a company can attempt to jumpstart the curve again by doing which

Question

3 years ago

6

As the Product Life Cycle curve approaches the decline state, a company can attempt to jumpstart the curve again by doing which

of the following?
a. Find new users and new uses
b. Increase the size of their sales force
c. Increase the advertising budget
d. Increase free samples as incentives to buy
e. None of the above

Business

1 answer:

ExtremeBDS [4] · Answer 1 · 2022-03-18T14:58:39+03:00

Answer:

correct answer is a. Find new users and new uses

Explanation:

As Product Life Cycle curve approach decline state

so company jump start by doing Find new users and new uses for the product help to attract the new target market and with the help of new style to product and usages so that it can increase sale and profits

and that company can do by change the element of its marketing mix as some excellent product last long in market that full fill to trends

so here correct option is a. Find new users and new uses