The product _____ is a theoretical model that includes the stages of introduction, growth, maturity, and decline.

1 answer:

3 0

The life cycle of the product is the evaluation of the products offered by a company when they are already in the market.

The life cycle of a product is usually divided into four phases or stages.

Introduction stage. It is the moment in which the product is introduced in the market. The volume of sales is low, since it is not yet known in the market. The costs are very high and the benefits invaluable. At this stage it is very important to invest in promoting the product.

Growth stage. In this stage sales increase, as the interest of the client increases. The benefits begin to grow and the product needs a lot of support to maintain itself.

Stage of maturity. The growth of sales slows down and stabilizes in the market. The product is established and consolidated in the market and the benefits are high.

Stage of decline. Sales begin to decrease significantly and the product prepares to exit the normally saturated market. The main cause is usually obsolescence.

Answer:

The product life cycle is a theoretical model that includes the stages of introduction, growth, maturity, and decline.

You might be interested in

For most products higher prices

kogti [31]

That’s like the quarantine lol but just a bit higher

3 0

3 years ago

Jebali Corporation, a calendar year taxpayer utilizing the completed contract method of accounting, constructed a building for S

melamori03 [73]

Answer:

Jabeli must include = $2,220,000

Explanation:

As per the data given in the question,

Gross Income in 2019 = $2,300,000 - $80,000

= $2,220,000

So, Jabeli should include $2,220,000 in gross income and Jabeli is allowed to deduct $2,100,000 in 2019

In completed contact method of accounting :

Till the contract is completed and accepted, no revenue from the contract is recognized

In this case the purchaser may desire additional work to be done on a long term contract.

The regulations do not provide any amount of income(or loss) until the dispute is resolved.

7 0

3 years ago

The Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive h

Reika [66]

Answer: a statute

Explanation:

Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive hours of work to utilize the nearest convenient restroom. This law is a statute.

A statute is simply a written law that has been passed by a legislative body. It is a specific statement that the legislative body has approved and also endorsed by an executive body.

5 0

2 years ago

A time standard was set as 0.20 hour per unit based on the 20th unit produced. Assume the task has a 60 percent learning curve.

Sliva [168]

Answer:

40th unit = 0.11 hr

80th unit = 0.06 hr

160th unit = 0.03 hr

Explanation:

Given :

$T_{20} = 0.2$