1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiks02 [169]
3 years ago
15

A firm improves product quality and adds new product features and models. It also shifts some advertising from building product

awareness to building product conviction and purchase. At which stage of the product life cycle would this be a recommended​ strategy?
Business
1 answer:
Anon25 [30]3 years ago
6 0

Answer: Growth stage

Explanation: In simple words, it refers to that stage of a firm in which it spends its resources for the development and betterment of the product it is offering in the market.

In the given case, the firm is improving the quality and adding new features and products.

Thus, we can recommend this strategy only at the growth stage.

You might be interested in
When a company uses a different company to produce all or part of the product, this is known as.
arlik [135]

I think the answer might be called Vertical Integration

4 0
2 years ago
A perfectly competitive firm faces a __________ demand curve. Group of answer choices upward sloping downward-sloping perfectly
qwelly [4]

A perfectly competitive firm faces a downward-sloping demand curve.

<h3>What is demand curve?</h3>

It is a visual illustration of the connection between product pricing and demand-side quantity. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.

Demand curve has two types-

  • individual demand curve: The quantity that a specific household wants at different prices is represented by a demand curve for that particular household. The graphic representation of the individual demand schedule is another way to describe it. It can be created by analyzing consumer behavior in response to price changes.
  • market demand curve: The total of each individual demand curve for a certain good on the market constitutes the market demand curve. It displays the quantity of the commodity that is demanded at various pricing points. The market demand curve has a negative, or downward, slope because quantity requested declines as price rises.
<h3>What is downward-sloping demand curve?</h3>

A demand curve demonstrating how demand declines as price rises.

The price elasticity of demand is always negative for a downward-sloping demand curve since the price and quantity requested move in the opposite directions.

To know more about the demand curve, here

brainly.com/question/1139186

#SPJ4

5 0
1 year ago
Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 12 years. If he makes these investments,
Oxana [17]

Answer:

Jake Werkheiser will have $170,322.48 at the end of 12 years.

Explanation:

We use the following formula to find the future value,

S=R[\frac{(1+i)^n-1}{i}](1+i)

S= future value

R= yearly payment =$5000

i= rate of interest = 9%=0.09

n =time =12 years.

Now putting the value of i, n, R

S=5000[\frac{(1+0.09)^{12}-1}{0.09}](1+0.09)

 =$170,322.48

Jake Werkheiser will have $170,322.48 at the end of 12 years.

5 0
3 years ago
Freitas Corporation was organized early in 2021. The following expenditures were made during the first few months of the year: A
goldfiish [28.3K]

Answer:

Dr Organization costs ($12,000 + $3,000) 15,000

Dr Patent ($20,000 + $2,000) 22,000

Dr Equipment 30,000

Dr Preopening expenses 40,000

    Cr Cash 107,000

Explanation:

Organization costs are the initial costs incurred to start a business. They include attorney fees, and any other legal and registration fees required by both municipal state and federal government.

Any fees related to the purchase of the patent, e.g. commissions paid or attorney fees must be included in the purchase cost of the patent.

8 0
3 years ago
The focus group report lists most of the themes that became apparent during the research, notes any diversity of opinions or tho
zysi [14]

Answer:

The correct answer is letter "B": False.

Explanation:

A focus group is a technique used to obtain qualitative data for research. This data is obtained after gathering a small group between six and twelve people to expose their opinions, likes, and preferences in regards to a product, idea, service, advertisement or content. The participants have similar features and the chat focuses on a specific matter. There is no need for abbreviations since the participants' point of view is typically recorded for analysis and feedback.

4 0
3 years ago
Other questions:
  • On December 31, 2020, Grand Company had $1,232,000 of short-term debt in the form of notes payable due February 2, 2021. On Janu
    13·1 answer
  • True or false. the consumer sector is the largest part of the macroeconomy.
    5·1 answer
  • Research has shown that knowledge workers spend about ________ of their time on nonproductivework—, unsuccessful searches, conve
    15·1 answer
  • The daily demand of an item is 1600 units. The average processing time is 30 seconds per unit. Containers (carrying 240 items) o
    14·1 answer
  • Here are simplified financial statements for Watervan Corporation. INCOME STATEMENT (Figures in $millions)Net sales $881Cost of
    8·1 answer
  • Normally, a person with a high level of education makes more money than a person without an education.
    5·1 answer
  • The following information describes the production activities of Mercer Manufacturing for the yearActual direct materials used 3
    6·1 answer
  • Under which type of listing will an agent receive a commission only if he is the procuring cause of the sale?
    15·1 answer
  • The scientific revolution established new methods of investigating the world, including?
    12·1 answer
  • In 2010, some bottles of a competitor’s kombucha were bubbling and leaking at a whole foods in texas. Test results revealed that
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!