As a product moves into the market maturity stage of its life cycle, the marketing manager should expect the market to move toward pure competition.
In the maturity stage, the product begins to enter the most profitable stage. Production costs go down and sales go up.
In the mature stage of the product lifecycle, sales continue to grow, but at a much slower pace. Economies of scale give companies a competitive advantage. Promotional activities are usually focused on remaining customers.
After a few years in business, the business may reach a more stable and profitable maturity stage. This is the third stage of the enterprise life cycle. When you started your business, you may have drawn a limited paycheck.
Learn more about the life cycle at
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Answer:
Unit product cost is $130
Explanation:
The computation of the unit product cost for product X is given below;
Direct material per unit (5,000 ÷ 100) $50
Direct labor per unit (3,000 ÷ 100) $30
Manufacturing overhead ($200,000 ÷ 2,000) × 50 ÷ 100 $50
Unit product cost is $130
This is the correct answer but the same is not provided in the given options
Answer:
Target marketing
Explanation:
Target marketing involves breaking a market into segments and then concentrating your marketing efforts on one or a few key segments consisting of the customers whose needs and desires most closely match your product or service offerings. It can be the key to attracting new business, increasing sales, and making your business a success.
Farrugia's Mens Clothes has implemented target marketing technique b focusing on men with specific demographic factors.
Anthony has identified a possible correlation, in which
correlation is trying to point out a connection between things that are two or
more. As this is connected to his observation as people dress up formally
because of the reason that they are in a workplace because their dress is
connected to the place where they are in or appropriate.
Answer:
Grand strategy
Explanation:
The Grand Strategies are the corporate level strategies designed to identify the firm’s choice with respect to the direction it follows to accomplish its set objectives. Simply, it involves the decision of choosing the long term plans from the set of available alternatives. The Grand Strategies are also called as Master Strategies or Corporate Strategies.
The grand strategies are concerned with the decisions about the allocation and transfer of resources from one business to the other and managing the business portfolio efficiently, such that the overall objective of the organization is achieved. In doing so, a set of alternatives are available to the firm and to decide which one to choose, the grand strategies help to find an answer to it.