Lowest because to show how scarce it is it will have to be low
Some problems that Hudson will face when they enter into the European market include:
- Competition from established industries.
- Higher cost of establishment.
- Lower profits or losses in first few years.
<h3>Why will Hudson face these problems?</h3>
Hudson would be going up against already established companies who have a loyal customer base and less costs as they do not need to pay for startup costs.
Hudson will also incur high investment costs in the areas of production and advertisement as they try to establish themselves in the European markets.
As a result of these high costs, Hudson will make losses or low profits as they might not be able to draw enough clientele to cover the cost of setting up in Europe.
In conclusion, Hudson faces several challenges.
Find out more about start up costs at brainly.com/question/13923720.
Answer:
d) In this stage, there is a need for informative promotion.
Explanation:
The <em>product life cycle</em> is well-known for a lot of ups and downs regarding the pathway of a specific product/service. Every stage is related to a particular way of marketing, as the needs of the product and its recognition vary throughout the cycle.
When the product is introduced into the market, consumer awareness is a priority. Therefore, the company has to inform them about the benefits and value of that particular product.
The correct answer would be D. Limited Partnership