Answer:
<em>Product-Specific Research</em>
Explanation:
Product research <em>is an essential part of the development of new products. Analysis will help you determine important issues at every stage of the process and avoid costly errors.</em>
Testing a prototype will help you to reject uncompromising concepts, allowing you to focus money and time commitment on goods with the best chance of commercial success.
Product-Specific Research includes finding key product features that are selling points. Sells the benefit that the product provides.
Standardization is an appropriate strategy in maturity stage of the product life cycle.
<h3>What is
product life cycle?</h3>
A product's life cycle is a cycle that can be broken down into four stages which are :
- introduction
- growth
- maturity
- decline.
It should be noted that Product life cycles are used by management and marketing professionals for advertising schedules, price points, hence Standardization is an appropriate strategy in maturity stage of the product life cycle.
Learn more on product life cycle at:
brainly.com/question/14567370
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Below are the choices that can be found from other sources:
Market development.
Product placement.
Market positioning.
A situation analysis.
<span>A strategic business unit
The answer is </span><span>Market positioning.
</span><span>
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Answer:
$1,028.11
Explanation:
In this question we use the Present value formula that is presented on the attached spreadsheet
Given that,
Future value = $1,000
Rate of interest = 6.7% ÷ 2 = 3.35%
NPER = (20 years - 5 years) × 2 = 30 years
PMT = $1,000 × 7% ÷ 2 = $35
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $1,028.11